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Klimex

GBPAUD Approaching Support, Potential Bounce

Long
British Pound / Australian Dollar (OANDA:GBPAUD)  
Klimex  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPAUD GBP aud NZD EUR jpy chf USD
16
0
trendanalysis harmonicpatterns chartpattern gbpaud gbp aud nzd eur jpy chf usd
GBPAUD is approaching its support at 1.7801 (50% & 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1.8645 (38.2% Fibonacci retracement, horizontal swing high resistance).

Stochastic (89, 5, 3) is approaching its support at 0.9% where a corresponding bounce could occur.

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