4H time frame:
Most volume is traded at 1.78239 which means that is the point of control, if the price is under then the bears are in control and vice versa. It also acts as a resistance line.
GBPAUD is looking to create a double top pattern which is a bearish pattern.
15M time frame:
The point of control for this session is 1.7813.
GBPAUD is in a descending triangle, creating lower highs and lower lows. A descending triangle is a continuous pattern if the symbol is previously in a downtrend.
Most volume is traded at 1.78239 which means that is the point of control, if the price is under then the bears are in control and vice versa. It also acts as a resistance line.
GBPAUD is looking to create a double top pattern which is a bearish pattern.
15M time frame:
The point of control for this session is 1.7813.
GBPAUD is in a descending triangle, creating lower highs and lower lows. A descending triangle is a continuous pattern if the symbol is previously in a downtrend.