ForecastCity_EU
Long

Don't miss the great buy opportunity in GBPAUD

FX:GBPAUD   British Pound / Australian Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7945). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.

Take Profits:
TP1= @ 1.8090
TP2= @ 1.8175
TP3= @ 1.8340
TP4= @ 1.8450
TP5= @ 1.8660

SL= Break below S2

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Comments

Nice charting and detailed write-up. thumbs up.
+1 Reply
Gbp /aud trends
Reply
Very good analysis nice your soppourt bignars in forex trading
Reply
I got a huge profit from this forecast.
Reply
This is such a complete analysis, I truly feel like I am learning quite a lot from you! Thanks!
Reply
Excellent! as always!
Thank You for sharing!
Reply
Good analysis as usual
Reply
Nice chart and Analysis
Reply
I got a huge profit from this forecast.
Reply
thank you
Reply
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