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GBPAUD longs
British Pound / Australian Dollar
Long
GBPAUD longs
By kingmwenja
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May 30
4
May 30
Previous week showed us a lot of bullish momentum
Price closed above a major weekly support level @1.9105
Hence, more bullish momentum was expected this week, and we are getting that
It retested a major daily region @1.9200 and formed a candlestick that closed above it.
Price has retested that same level today and shown a lot of bullish momentum.
I am waiting to buy. If I am to buy the pair, I will wait for price to test 1.9200 and form a bullish setup on smaller timeframes.
My targets are: TP1 - 1.9260 and TP2 - 1.9290
Chart Patterns
GBPAUD
gbpaudanalysis
gbpaudlong
Trend Analysis
kingmwenja
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