Hello everyone!!! 😄🌟
The
GBPAUD
pair is exhibiting a bullish trend, particularly evident in the daily chart, where it shows significant rejection of the multiple moving averages, indicating a likelihood of continuation in the prevailing trend. Additionally, the break of the monthly pivot point at 1.91449 significantly reinforces our bullish stance.
The 4-hour moving averages are also trending below, which provides an additional layer of protection for our stop loss position. A noteworthy point to consider is the potential break of 1.92120, which, if achieved, would further solidify our bullish perspective.
The
GBPAUD
pair is exhibiting a bullish trend, particularly evident in the daily chart, where it shows significant rejection of the multiple moving averages, indicating a likelihood of continuation in the prevailing trend. Additionally, the break of the monthly pivot point at 1.91449 significantly reinforces our bullish stance. The 4-hour moving averages are also trending below, which provides an additional layer of protection for our stop loss position. A noteworthy point to consider is the potential break of 1.92120, which, if achieved, would further solidify our bullish perspective.