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ThinkingAntsOk

"GBPAUD: breakout of the Descending Channel" by ThinkingAntsOk

Long
British Pound / Australian Dollar (FX:GBPAUD)  
ThinkingAntsOk  
FX:GBPAUD   British Pound / Australian Dollar
Support and Resistance Trend Lines Multiple Time Frame Analysis GBPAUD GBP aud Forex fx
4
0
supportandresistance trendline mtfa gbpaud gbp aud forex fx
Daily Chart Explanation:

- Price bounced on the Support Zone.
- It is currently on a Descending Channel.
- Bullish Divergence on MACD.
- Price seems to have broken the Descending Channel.
- Potential to move up towards the Resistance Zone at 1.839 and, then, at 1.873.

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snapshot

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