TomHall

GBP/AUD - DAILY GARTLEY PATTERN

FX:GBPAUD   British Pound/Australian Dollar
GBP/AUD - Daily Chart - Gartley Pattern

Here on the daily chart of GBP/AUD             we have a nice Gartley Pattern setup.
The X leg of this pattern has not been exceeded since 2009, which in my opinion should hold and act as major resistance.

We must see a completion at D leg before any pattern entry is triggered.

- SL must go above X
- Target 1 at 38.2% retracement
- Target 2 at 61.8% retracement

Good luck.
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