GBPAUD WEEKLY FORECAST
GBPAUD now in middle and moving towards resistance where it will meet downward trendline @1.81250- 1.81300
if the velocity is less it will move downwards .wait for retest and then GO SHORT....
it will move to mini support ..... @ 1.81000
if the velocity is more it can break trendline and move upwards and resistance will become support .wait for retest and then GO LONG....
it will move to new resistance area..
and Take profit 1 @ 1.83450-1.83500..
Take Profit 2 @ 1.85000
if the velocity is less it will move downwards .wait for retest and then GO SHORT....
it will move to mini support ..... @ 1.81000
if the velocity is more it can break trendline and move upwards and resistance will become support .wait for retest and then GO LONG....
it will move to new resistance area..
and Take profit 1 @ 1.83450-1.83500..
Take Profit 2 @ 1.85000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.