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ForexKei-Official
Oct 4, 2022 10:25 AM

GBPAUD Bullish on H4 Long

British Pound/Australian DollarFXCM

Description

Comment:
GBPAUD H4 timeframe shows market is bullish according to Ichimoku trend confirmation.

Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko span above candles

Next Scenario:
Market has also been supported by H4 Tenkan sen. And the last candle is a pin bar bounced on Tenkan sen.
Initial target is 1.7652 level.
Comments
ritanshu1991
I am expecting for a correction with support zones near 1.71390 and 1.69 before we can expect any upward price movements. Good effort though! All the best!
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