Hello Traders ! With GBP becoming slowly but sure bullish across the board, it seems the Brexit hype is fading too. What we have here is a classical dynamic trend line that looks like it can break in a day or two. We will Long this pair after we break the trend line and consolidated a...
Price is at a place where historically is considered a turning point. added to that we get confluence with the 76.8% Fib level and the 200 EMA that has acted as a major level for this pair in the past.
I'll go long from this level to 1.815/1.83. In this zone I think that some sell order will be placed. Let's see. P.s. have a look at my previous chart on this pair. Cheers, Ramadeda
Previous support at around 1.83000 formed in April is likely to be this pair's next resistance, but the LONG bias will only be valid if we break 1.78000 and maintain price above this level. Around the 1.783000 level, the ichimoku cloud will hopefully act act as some resistance together with the 50% and 61.8% Fibonacci retracement levels. What do YOU...
longing this pair, its a clear break out + good gbp news.
GBP/AUD so far so good......watching for further movement and pivot price action to move stop and reduce my risk further.
Looks like there is good indication of more down ward movement on this pair. Not much support bellow this area. Short on break.
We wish that our analysis could be helpful on your trades. Here is an update for GBP/AUD, Predicting for PRICE BREAKOUT . It would be a great idea to BUY above on 1.90744 and SELL below at 1.90025
We hope that our analysis can help you in your trading. This is an update for GBP/AUD, its confronts for PRICE BREAKOUT. It would be a great idea to BUY above on 1.90744 and SELL below at 1.90025
Outlook for PRICE BREAKOUT Buy above : 1.93963 Sell below : 1.93073
"Predict for PRICE BREAKOUT" Buy above : 1.94514 Sell below : 1.93963
Foreseeing for PRICE BREAKOUT. Buy above : 1.98283 Sell below : 1.96844
Predict for PRICE BREAKOUT. Buy above : 2.01501 Sell below : 2.00611
Envisage for PRICE BREAKOUT. Buy above : 2.02940 Sell below : 2.01501