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HuracanFX

GBPAUD LONG SET - DISTRIBUTION

Long
British Pound / Australian Dollar (FX_IDC:GBPAUD)  
HuracanFX  
FX_IDC:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Economic Cycles LONG gbpaudlong learnforex learntotradeforex howtostartforex huracanfx huracan gbpaudsetup goldgroup
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trendanalysis supportandresistance economiccycle long gbpaudlong learnforex learntotradeforex howtostartforex huracanfx huracan gbpaudsetup goldgroup
GBPAUD - After a strong bullish movement over the months from 1.6000 ( MAR 19' ) settling in at 1.87200 (MAY 19')

snapshot

GBPAUD finds itself in a distribution phase after this bullish trend to the upside of 1.87200.
snapshot

The overall bullish momentum carries over to the Daily with an upside from support of 1.81500, locking in Daily resistance around the 1.84100 zone and 1.86650 respectively - This comes just shy of Monthly Resistance at 1.87200 - a key point for this pair.
snapshot



Below linked Monthly & Daily overview of distribution phase.
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