GBPAUD, H4
GBPAUD tests the crucial resistance at the 1.9590 level and POC zone.
The 100-MA gives an additional layer of resistance, while the Momentum oscillator crosses the mid-line up, giving a mixed sentiment.
- If the price breaches above the upper border of pattern, it will rise to 1.9800 and VAL.
- However, if GBPAUD breaks below the lower border, the asset may fall to 1.9430 and VAH.
