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GBPAUD bounced off support, potential for further rise!

Long
British Pound / Australian Dollar (FX:GBPAUD)  
easyMarkets Broker  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPAUD GBP aud gbpaudlong gbpuadshort
44
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trendanalysis harmonicpatterns chartpattern gbpaud gbp aud gbpaudlong gbpuadshort
Price is approaching our first support (horizontal swing low support, 100% Fibonacci extension) where a strong bounce to our major resistance (38.2% Fibonacci retracement) might occur. Stochastic is also approaching support and we might see a strong bounce in price.
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