GBPAUD - 24h expiry - We look to Buy at 1.7700 (stop at 1.7640)
Previous support located at 1.7700.
Previous resistance located at 1.7800.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7800 will confirm the bullish momentum.
Our profit targets will be 1.7850 and 1.7880
Resistance: 1.7800...
#gbpaud, professionals increase 4% long by last week positions, 6k long increase by last week. Commercials decrease 1% long positions. weekly chart forming higher high and higher low. 1.828-30 highly demand zone for buy positions. split your risk with multiple position i.e 1.8280, 1.8230 even 1.8180 as well with stop loss 1.8140. target is 1.8680. this is weekly...
