Hello trader, welcome to another market breakdown. GBPAUD has been trading in a bullish trend. For the next week, we expect this trend to continue. But, in case we have a breakout from the support level I'll be looking to go short on this pair.
2 things I'll be watching over: Scenario 1: bullish continuation and a breakout from the last resistance level. Scenario 2: A reverse where I need to see a breakout from the last support level.