GBPAUD has touched the ascending trend line, which has been holding since December 2018, trading below the flat short-term moving averages. The RSI is moving sideways below the neutral threshold of 50, while the stochastic oscillator is moving in the oversold territory, turning even lower. If the price slips further below the 1.8305 barrier and the rising trend line, immediate support could be faced from the 38.2% Fibonacci retracement level of the upleg from 1.7220 to 1.8880 near 1.8243. Further declines [..]
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