GBP/AUD Analysis :
In Daily Chart, GBP/AUD starts to move up from the bottom zone in Uptrendline.
In H4 Chart, GBP/AUD broken the top zone of the downtrend range.
ForexGDP Education Notes :
Uptrend = Higher Highs and Higher Lows
Downtrend = Lower Highs and Lower Lows
In Above analysis, GBP/AUD contains both uptrend and downtrend in different timeframes.
Please check both D1,H4 Charts of GBP/AUD carefully and find out which trend is stronger here? Uptrend or Downtrend?
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