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Profound_Ambition

GBPAUD DAILY

Long
British Pound / Australian Dollar (FX:GBPAUD)  
Profound_Ambition Updated   
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Supply and Demand GBPAUD pound aussiedollar Supply Zone break retest Engulfing Candle consolidation pressure
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trendanalysis supportandresistance supplyanddemand gbpaud pound aussiedollar supplyzone break retest engulfingcandle consolidation pressure
Price is showing a lot of pressure in its 140 pip consolidation range, after its previous strong bullish engulfing candle bouncing off weekly support, showing that price may be ready to reverse its trend. Watch for a clean break of daily resistance ..
Comment:
snapshot
4 hour: Or a break of 1.74 on this time frame & retest rejection could set up some nice buy opportunities
Comment:
snapshot
Target one reached
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