Get started
TradeGATEHub

GBPAUD is approaching support, potential bounce

Long
British Pound / Australian Dollar (FOREXCOM:GBPAUD)  
TradeGATEHub  
FOREXCOM:GBPAUD   British Pound / Australian Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPAUD GBP aud gbpaudlong gpbaudshort
54
2
trendanalysis harmonicpatterns chartpattern gbpaud gbp aud gbpaudlong gpbaudshort
Price is facing bullish pressure from our first support in line with our 61.8% fibonacci retracement, horizontal pullback support and 127.2% fibonacci extension where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.