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GBPAUD – Buyers are getting confidance on bullish gbp

FX:GBPAUD   British Pound / Australian Dollar
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GBPAUD – Buyers are getting confidance on bullish gbp

Trend: Sell/ Neutral

Support/Resistance:
R3: 1.98000
R2: 1.97580
R1: 1.95173
S1: 1.90928
S2: 1.90928

Price action:
In this case GBPAUD currency pair might tried break over first resistance level at 1.95173. After that we can see this as potencial buy to critical spot around 1.98000 level. If buy will not get proved, then we can see a delay on price level to first support at 1.90928. If this will happen, then our Elite indicator will tell us how to orient on this trad, because it will be tradeable on lower timeframe too.

Potencial trade idea:
Bull targets:
T1: 1.95173
T2: 1.98000


NOTE – We are trading GBPAUD via the preferred trading setups

Disclaimer: Martin’s views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don’t publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.


Elite system, Elite strategy, Custom Indicator, Fundamental Analysis , Tehnical analysis, Price action, Advanced strategies, Trading Education, customtradingsystem

Good trading!

Elitefxacademy

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