GOOD BUY OPPORTUNITY ON GBPAUD

On the daily chart of GBPAUD, we can see the price has pulled back to 1.7100, 50.00% fib level which is a strong support area where we can go long.

First TP will be roughly the 1.7600 area, and if we see strong momentum, second TP will be 1.7875, the next resistance area.

On the entry of the 1 hr chart, a nice break above and a retest is a nice entry point for this pair to go long.

Thank you very your support and feedback.

Comment:

Daily chart analysis:

Comment:

First TP hit for 3.56% profit.

Trade closed: target reached:

2 TP hit for 7% [profit