GBPAUD Bears Take A Breather At The Bottom Of A Tight Channel

<p>GBPAUD strengthened its negative momentum within a narrow descending channel and touched a 1½-year low at 1.8053 this week after tumbling below the 1.8500 mark. With the price currently consolidating near the bottom of the channel, and the RSI and the stochastics fluctuating in oversold zone, an upturn is increasingly likely in the near term. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/301059-gbpaud-bears-take-a-breather-at-the-bottom-of-a-tight-channel/">GBPAUD Bears Take A Breather At The Bottom Of A Tight Channel</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>