Currently set to No Index

GBP/AUD Analysis : GBP/AUD Starts to move up from bottom zone

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.

GBP/AUD broken the top and moving in an Downtrend Channel
GBP/AUD Downtrend Channel

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?

Save your time on analyzing the market and take your trades only at good opportunities available in the market.

If you want to receive forex trading signals at best trade setup with chart analysis, subscribe now to our forex signals.


Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.


Don't trade all time, trade forex only at best setup