GBPAUD Dives Further to 4-Month Low; Selling Interest Persists

GBPAUD is trying to record the tenth straight negative session, plummeting to a new almost four-month low around 1.8292. Technically, the 20- and 40-day simple moving average (SMA) recorded a bearish crossover, while the price is also falling well below the 200-day SMA. The MACD oscillator is still strengthening its negative movement below its trigger and zero lines, […]

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