GBP/AUD Expect Further Upside
Chart: Monthly Time Frame
Market: Bullish Trend
GBP/AUD is stuck in a descending channel (evident on the daily chart) but is likely to break it & resume its overall
bullish trend in the coming weeks. With a inverted deliberation pattern found on the monthly chart & prices rejecting key support
levels we're likely to see GBPAUD close this month with a bullish engulfing pattern and reach previous structure high of 2.21800.
Note: Keep an eye out for a pullback at trendline resistance level found on the daily chart before going long.
Market: Bullish Trend
GBP/AUD is stuck in a descending channel (evident on the daily chart) but is likely to break it & resume its overall
bullish trend in the coming weeks. With a inverted deliberation pattern found on the monthly chart & prices rejecting key support
levels we're likely to see GBPAUD close this month with a bullish engulfing pattern and reach previous structure high of 2.21800.
Note: Keep an eye out for a pullback at trendline resistance level found on the daily chart before going long.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.