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lebanonforex
May 23, 2021 12:19 PM

GBPAUD CORRECTION THEN BUY Long

British Pound/Australian DollarFXCM

Description

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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