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Ryan_lopes

ASCENDING TRIANGLE IN GBPAUD CLOSE TO BREAKOUT

British Pound / Australian Dollar (FX:GBPAUD)  
Ryan_lopes Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns gbpaudanlysis
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trendanalysis chartpattern gbpaudanlysis
Hello people, here is our analysis on GBPAUD. As we can see that the pair is in ascending triangle and close to its resistance. The resistance is taken from D1. We have also uploaded another chart with analysis in our comment section. The chart is of D1. IIn that you will see that at 2.01665 there is a lot of consolidation and the price is not able to break it. However it will be interesting to see what the pair will do after the breakout.

Let us know your views. Thanks.

Ryan.R.Lopes
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