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JFX7

GBPAUD (1H)

Long
British Pound / Australian Dollar (OANDA:GBPAUD)  
JFX7 Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators GBPAUD LONG 1hour
5
0
trendanalysis chartpattern indicator gbpaud long 1hour
. 'W' Pattern formation in process

. Double bottom providing support

. Expect price to move up

. However price may break support and continue down
Comment:
Price needs to break 1700 zone for confirmation of bullish movement
Comment:
My apologies, previous comment referred to xauusd.
Comment:
Price is consolidating
Comment:
support broken, bearish movement
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