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FibnFork
Jan 2, 2018 11:08 PM

GBPAUD 5th leg up Long

FX:GBPAUD1D
British Pound/Australian DollarFXCM

Description

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Good support around this level (where 1st wave ended + acted as previous resistance)
Fundamentals (mainly brexit) will dictate every trade involving the GBP. Tight stops needed. Break below the 1st wave (blue line) will negate the trade

Comment

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4th wave in place?
Wave AnalysisTrend AnalysisGBPAUDForex
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