Ryan_lopes

GBPAUD Close to RESISTANCE level.

OANDA:GBPAUD   British Pound / Australian Dollar
Hello friends. Here is our analysis on GBPAUD . For a lot of time the pair seems to be going on inside the channel. As we can see that after march its started getting consolidating very aggressively. There looks like a lot of buying pressure. In the image given in the comment section you can also see that there is a buying trend in D1 as well. So there is a good chance that the pair will soon break the resistance line and start going up.

Your views are welcome. Thank you.

Ryan.R.Lopes
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