Hokusai_FX

Gbp/Aud waiting for super momentum

FX:GBPAUD   British Pound / Australian Dollar
Looking at this chart, it is clear that the Gbp/Aud pair is ranging. Since the beginning of April until now, it has been 2 months Gbp/USD has not seen any movement that can penetrate this ranging box. This pair is my main concern. Looking at the length of time ranging, we can be sure that when a breakout occurs, the momentum will be extraordinary, we can join the momentum to get multiple profits.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.