stivmuiruri

NEW RESISTANCE ZONE ABOUT TO FORM

Long
stivmuiruri Updated   
FX:GBPAUD   British Pound / Australian Dollar
Both monthly, weekly and daily time frames show a breakout to the upside suggesting a bullish trend.According to my analysis a new definitive resistance zone is about to form. Therefore an upward trend to the previous resistance zone is a safe bet. I predict a buy signal to hit a take profit level of 1.888550 against a stop loss level zone of 1.82500
Trade closed: stop reached
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.