GBPAUD facing bullish pressure | 13th Apr 2021

FX:GBPAUD   British Pound / Australian Dollar
GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement . If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 50% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information