Blake Morrow’s Chart of The Day – May 27th 2021
GBPAUD
The GBPAUD breakout may gain some steam after the pair has held the triangle breakout at the sub 1.8200 level and surged higher to new 2021 highs today. A long term triangle breakout and a “golden cross” where the 50dma crossed the 200dma may allow for some upside momentum to build. May 17th this pair looked like it would breakout, now it is confirming the breakout.
Blake Morrow