years on the market

GBPAUD analysis 15.12.2020

GBPAUD

The overall trend is downward. The ascending H1 level pattern is truncated. Awesome Oscillator shows a Bearish divergence, while Stochastic Oscillator signals an overbought condition.

GBPAUD rate online: monitor the price movement in real time. 

Trading recommendations: sell on the formation of a downward wave pattern, where wave (A) breaks through the inclined channel of an truncated upward pattern. 

Stop Loss for the local maximum (1.7770).

Target levels - 1.7500; 1.7430.

 

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