GBP/AUD intraday: the downside prevails as long as 1.8447 is resistance
Alternative scenario: the upside breakout of 1.8447 would call for 1.8500 and 1.8532.
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Alternative scenario: the upside breakout of 1.8447 would call for 1.8500 and 1.8532.
The MACD is positive and above its signal line.
Our preference: the downside prevails as long as 0.8809 is resistance.
The configuration is negative.
Alternative scenario: the upside breakout of 102.37 would call for 102.65 and 102.82.
Alternative scenario: the downside breakout of 1.2310 would call for 1.2267 and 1.2241.
Alternative scenario: the upside breakout of 1.3645 would call for 1.3683 and 1.3705.
Alternative scenario: the downside breakout of 0.9172 would call for 0.9151 and 0.9138.
Our preference: the upside prevails as long as 0.6677 is support.
The configuration is positive.
Alternative scenario: the downside breakout of 1.3250 would call for 1.3220 and 1.3203.
Alternative scenario: the upside breakout of 1.8456 would call for 1.8509 and 1.8541.