JaceFX

GBPAUD Trade Analysis for Long Position

Long
FX:GBPAUD   British Pound / Australian Dollar
GBPAUD Trade Analysis for Long Position

GBPAUD break above double bottom neckline

25th June - Price break lower low shows that bearish bias still in control

7th Jul - First price rejection near 1.78950

7th July - six continuously bullish candle showing potential bullish reversal

8th July - Price break above neckline 1.80656

wait for price pull back to neckline zone and enter long position

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Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
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