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lebanonforex

GBPAUD CORRECTION THEN BUY

Long
British Pound / Australian Dollar (FX:GBPAUD)  
lebanonforex  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Parallel Channel GBPAUD
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trendanalysis chartpattern parallelchannel gbpaud
hello and welcome to my analysis


gbpaud rebound from upper channel on daily
rsi is overbought on h1 h4 and daily
correction will happen now to the 1.8125 to 1.8100 level wich is almost 38% fibonacci
i suggest a buy limit @ 1.8105 or 1.8125 depending on price movement at these levels ( awaiting reversal candle on low time frame)
TP @ 1.8500

good luck
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