The pair has broken the trend line and has made a double bottom, shows bullish divergence on the rsi, moreover, the BXY index shows bullish divergence for GBP and AXY index shows bearish divergence for AUD. Therefore, going Long on GBPAUD.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.