Just like expected yesterday, GBPAUD fell back below 4H 200EMA in the very next candle after penetrating the said EMA. The 5Min chart is proof that the pair is struggling to rally back up and it is getting rejected at 4H EMA. Expecting to drop further down.
Just like expected yesterday, GBPAUD fell back below 4H 200EMA in the very next candle after penetrating the said EMA. The 5Min chart is proof that the pair is struggling to rally back up and it is getting rejected at 4H EMA. Expecting to drop further down.