gabanig

GBP/AUD to the moon and beyond

Long
OANDA:GBPAUD   British Pound / Australian Dollar
G/A has been on upwards channel since 2016 and I'm expecting the trend to continue with the positive sign of 2 bullish weekly candles departing the bottom of the channel upwards. If price crack above 1.85535 clearing monthly highs since June 2020, my expectation the upward trend will go as far as the monthly fib level of 61.8 (1.90705). I'll be looking for a safe entry and hold once we reach 1.85535
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