Hello Traders.
This is my view on GBPAUD.
At first, the price has bounce up from the weekly support level, but now is touching the Weekly Resistance.
Also, the Weekly Trend remains bearish from 2001, while any intraday 4H,1H Daily, whatever, is considered as a correction, personally speaking.
That will be my entry with possible TP levels.
The fundamentas in 8 days for GBP will push the price perhaps higher for GBP. So, we have to keep a look for AUD high impact news. I will be bullish in long term for this pair only if it breaks the upper supply zone.
Please provide your comments!
Goodluck!
This is my view on GBPAUD.
At first, the price has bounce up from the weekly support level, but now is touching the Weekly Resistance.
Also, the Weekly Trend remains bearish from 2001, while any intraday 4H,1H Daily, whatever, is considered as a correction, personally speaking.
That will be my entry with possible TP levels.
The fundamentas in 8 days for GBP will push the price perhaps higher for GBP. So, we have to keep a look for AUD high impact news. I will be bullish in long term for this pair only if it breaks the upper supply zone.
Please provide your comments!
Goodluck!
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TP2 level hit + 190 pips