GBPAUD trade ideas
GBPAUD OUTLOOKIT LOOKS DOWN FROM 1.8582
LEVELS ARE BELOW
1.8630 STRONG RESISTANCE
TARGETS 1.8500,1.8430
GBP/AUD Technical analysisAn inverse head and shoulder has formed in the 15-min charts.
Also, a significant price action level of 1.83600 has been cleared convincingly.
Hence, we expect the pair to trade with bullish bias in the near-term.
GBPAUD HGBPAUD looks bullish, short term buy trade can be a good idea with 1:1.5 R/R
Target : 1.86200
PAIR APPROACHING NEAR THE RESISTANCE ZONEGBPAUD:- PAIR APPROACHING NEAR THE RESISTANCE ZONE. USE SELL LIMIT@1.844 SL@ 1.856, TP 1.800. A GOOD RISK REWARD RATIO.
Focus on GBPAUDUnfolding an excellent chapter (bullish) in the ongoing GBPAUD story.
Bullish reak looms
Printing higher lows
1.8800 and 1.9100+ are the initial targets
www.keytomarkets.com
GBP/AUD Technical analysisThe 15 minute chart of GBP/AUD has forming a full elliot wave and Head & shoulders pattern
we can expect to be bearish up to the support level which is the neck line.
a break below the neck line would makes the potential selling pressure for the deeper downside moves.
