English
GBPAUD 08.06.2021
Overview:
Prices are moving in a downtrend.
Expected scenario:
The pair is trading below a strong resistance level around 1.8285, which enhances the chances of a drop to 1.8210
Alternative scenario:
On the other hand, we see that if the level of 1.8285 is broken upwards, it may push this pair to rise to 1.8330
| Resistance levels | 1.8285 | 1.8300 | 1.8330 |
| Support levels | 1.8210 | 1.8180 | 1.8166 |
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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