FX:GBPAUD   British Pound / Australian Dollar
Looking from the daily perspective, I can see GA continuing bullish and possibly retracing into the 61.8 zone. The daily candle currently shows a strong bull momentum so will see clearly by tomorrow if the bullish has continued or GA may swing to the downside again. Checked the perspective on the flip chart and could see strong patterns that GBPAUD will be on the uptrend during the start of the week.

Comments

Although this looks good i would be cautious, UKX recently (thursday) bounced off of a resistance and has been falling since.
+1 Reply
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