GBP/AUD: LONG from Bottom Side channel RSI DIV - BUY

7. Sept. 2022

The GBP/AUD inside a Bearish channel, in the last session, had a strong reversal where looking at the main scenario and with the help of tools like the Fibonacci Level and the presence of 200 Moving average, our Idea is about the retest of the upper side of the channel in confluence with the 78.6% strong Fibo level and the 200 Ma. As you can see there is a Divergence on the RSI and the Stochastic is not in the overbought area already. Looking for another Bullish impulse before setting our SHORT position in the direction of the main trend

7. Sept. 2022

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