GBPAUD Holds Near-Term Negative Mode Despite Bounce Off Previous Trough

<p>GBPAUD’s new found confidence has pushed the price above the 1.9725 resistance and to the flat blue Kijun-sen line. The latest upside price action is also reflected in the upwards turn in the Tenkan-sen line as well as the short-term momentum indicators. The MACD, in the negative area, continues to increase above its red trigger […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/287380-gbpaud-holds-near-term-negative-mode-despite-bounce-off-previous-trough/">GBPAUD Holds Near-Term Negative Mode Despite Bounce Off Previous Trough</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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