Looking to get long around 1.6040 & 1.5920 with stops around 1.57 with targets @ 1.7126 & 1.7640.
What do you guys think ? let me know in the comments below.
What do you guys think ? let me know in the comments below.
Trade active
Comment:
I will be updating this setup with fresh charts soon.Stay tuned
Comment:
GBP continues to move higher against the Aussie in a corrective structure since it found support @ 1.60.Two ways to trade this now.... Look to buy lows inside the structure,close to support areas or wait for the pair to clear the previous high in place @1.6574, price will likely stall and fail to rise if the level remains unbroken...so the other way is to wait for a breakout and in that case we may see the price test 1.6615 & 1.6718 areas.
GBP continues to move higher against the Aussie in a corrective structure since it found support @ 1.60.Two ways to trade this now.... Look to buy lows inside the structure,close to support areas or wait for the pair to clear the previous high in place @1.6574, price will likely stall and fail to rise if the level remains unbroken...so the other way is to wait for a breakout and in that case we may see the price test 1.6615 & 1.6718 areas.
