jamesabuck

GBPAUD - Short Term Sells, Long Term Buys

Long
jamesabuck Updated   
FX:GBPAUD   British Pound / Australian Dollar
I have a buy bias on this pair looking at higher timeframes and continued £ strength. On the daily timeframe, we're forming an ascending wedge of higher highs, and higher lows. We're looking to capitalise on this bull run by seeing a pullback into our confirmation zone which includes rejection of the 78.6% fib, the Point of Control (POC), and the ascending trend line. Happy Trading!
Trade active:
And we're in! Took a while to decide what it was going to do but we're showing some nice profit!
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