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Helllo community!
Today I will make my prediction for GBP/AUD. At this right moment this pair mark: 2.1290.
As we can see on chart below, this cross is moving between 2.1300 and 2.1050 and 2.0770.
My opinion: continued movement between the band above with bearish bias.
If we look at resistance level and RSI both we can say that this pair is overbought. Now we can expect some decrease until the fisrt daily support during this days.
Today I will make my prediction for GBP/AUD. At this right moment this pair mark: 2.1290.
As we can see on chart below, this cross is moving between 2.1300 and 2.1050 and 2.0770.
My opinion: continued movement between the band above with bearish bias.
If we look at resistance level and RSI both we can say that this pair is overbought. Now we can expect some decrease until the fisrt daily support during this days.