[Potential] GBPAUD: Mutli-Year Resistance Channel Closing in

FX:GBPAUD   British Pound / Australian Dollar
GBPAUD Outlook

- Stochastics moving into Overbought conditions (D and W)
- Price action close multi-year Resistance Line of Parallel Channel
- Price action likely to consolidateinside the Short-Term Parallel Channel until it breaks

- The Brexit story will remain volatile and may give the GBP a push higher while the AUD may strengthen in the near future once the US-China trade deal settles

We will be waiting for confirmations of multiple confluences before considering this trade setup ready. Patience is the key to success.

*This pair outlook is provided on an advisory basis. Any trade decisions made based on this outlook is a personal decision and we are not responsible for any losses derived from it.

Join Our Free Telegram Channel @ https://t.me/tacticalFX
and our Infozone channel @ https://t.me/tacticalFXinfo

Instagram: https://www.instagram.com/tactical.fx/
Twitter: https://twitter.com/tactical_fx
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out