TradingView
ForecastCity_ME
Jun 24, 2021 9:36 AM

💡Don't miss the great sell opportunity in GBPAUD Short

British Pound/Australian DollarFXCM

Description

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8517).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48.

Take Profits:
TP1= @ 1.8404
TP2= @ 1.8327
TP3= @ 1.8235
TP4= @ 1.8167
TP5= @ 1.8103
TP6= @ 1.7945

SL: Break Above R2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?

Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Comments
Mesutkashmar
Good analysis as always.
ForecastCity_ME
@Mesutkashmar, Thank you
Lizabet
That's a great update. Very helpful. Thanks
ForecastCity_ME
@Lizabet, Thanks for your comment
satyavet
SL broke. Very Bad.
More