Technical Analysis – GBPAUD remains bearish as recent sessions run out of steam

GBPAUD remains under pressure and risk is still to the downside as prices continue to trade below the 1.7430 resistance level. The price had a strong sell-off following the rebound near the 1.8000 strong psychological level. The short-term technical indicators are holding near their neutral levels. The RSI indicator is flattening near its 50 level, […]