GBPAUD (1H) - intraday bullish bias
The pair has achieved a series of higher highs after breaking through the resistance of 1.8110. We can expect the price action to test the daily resistance of 1.8330 in the coming hours. As the relative strength is inching towards the 80% area, both moving averages will act as support in case of a pullback.
The pair has achieved a series of higher highs after breaking through the resistance of 1.8110. We can expect the price action to test the daily resistance of 1.8330 in the coming hours. As the relative strength is inching towards the 80% area, both moving averages will act as support in case of a pullback.