GBP/AUD trades well above 2.10 level,targets 2.1380

FX:GBPAUD   British Pound / Australian Dollar
220 1 9
GBP/AUD             retreated slightly after making a high of 2.1242 and intraday trend is bullish as long as 2.0980 holds.

GBP is trading higher against all currencies on policy divergence and rake hike is expected slightly earlier than before as the UK economy is performing better than expected.

Technically the pair’s major resistance is around 2.125 and break above will target 2.1399 ( 161.8% retracement of 2.12429 and 2.099).

On the downside any break below 2.0980 will drag the pair further down till 2.070/2.040.

It is good to buy around 2.1145 with SL around 2.0990 for the TP of 2.1240/2.1380.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out