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Jal121

GBP/AUD - Approaching Key Near Term Resistance!

Short
British Pound / Australian Dollar (OANDA:GBPAUD)  
Jal121  
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators GBPAUD Forex trend Support and Resistance SELL signal short PIP
4
0
trendanalysis chartpattern indicator gbpaud forex trend supportandresistance sell signal short pip
Price is currently residing around the 1.89 level which has proven to be key resistance in near term price. We do have a 200 pip upside risk represented by 2021 highs. Stochastics in overbought territory could indicate a potential retracement on the strong upside move. Today we have already filled the average daily pip movement!
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