ForexKei-Official

GBPAUD continuously uptrend after P wave breakout

Long
FX:GBPAUD   British Pound / Australian Dollar
Comment:

GBPAUD is breaking the Daily resistance at 108972 level. Still uptrending as per below Ichimoku confirmations.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) is up
- Kijun sen is up
- Tenkan sen is up
- Chiko span above candles

Next Scenario:

The market is heading towards the next resistance level at 1.9533. If it retraces, market could be supported by Tenkan sen and continue to go up.

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