rfxtrader

GBPAUD, weekly analisys

Long
FX:GBPAUD   British Pound / Australian Dollar
2
GBP is trying to reversal after starting earlier this week with a fairly good economic data. This is still the beginning and still a lot of data that will come out and will affect the price though in technical analysis has formed a bullish pattern.......

form a butterfly pattern, with a reversal point is at 2.0 retracement of BC.

This is only my analysis, my opinion, and not an order to open a position to sell or buy. if you have any analysis or any other opinion on this currency pair in a weekly period I am always open to discuss this with you.

#regards
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.