lukeboland
Long

GBPAUD Midrange Structure

FX:GBPAUD   British Pound / Australian Dollar
GBPAUD             has been consolidating for the past two weeks and has confined us to a wide range between 2.11-15. We can see the midrange structure acting as a key point of interest (shown with arrows). The multiple downside rejections and the descending channel indicate that we will see another push to test the highs of 2.148-2.15.
Good call!
+1 Reply
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