PabloSantander
Long

GBP/AUD Expect Further Upside

FX:GBPAUD   British Pound/Australian Dollar
115 2 1
Chart: Monthly Time Frame
Market: Bullish Trend

GBP/AUD             is stuck in a descending channel (evident on the daily chart ) but is likely to break it & resume its overall
bullish trend in the coming weeks. With a inverted deliberation pattern found on the monthly chart & prices rejecting key support
levels we're likely to see GBPAUD             close this month with a bullish engulfing pattern and reach previous structure high of 2.21800.

Note: Keep an eye out for a pullback at trendline resistance level found on the daily chart before going long.
YongSooSong
a year ago
Great Idea! Thank you
Reply
PabloSantander YongSooSong
a year ago
Anytime. Thanks!
Reply
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