Breaking News

GBP/AUD Potential Downward Movement

GBP/AUD Long-Term Trend: Bearish

Key Resistance Levels: 1.98907, 2.00572, 2.02537

Key Support Levels: 1.97125, 1.96042, 1.95453

Daily Chart:

The price on the higher time frame has reversed after testing a resistance level of 2.02537 The pair has continued to break a few support levels which suggests further trend continuation to the downside.

GBP/AUD Medium-Term Trend: Bearish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a key level of 2.00572 and has sustained below that. As of now the pair has broken and retested a minor level of 1.98907 before continuing the momentum.

Signal Idea:

Sell Limit Order @ 1.98102

TP @ 1.97195

Stop Loss @ 1.99010

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.

4 comments

  1. Can you tell me how much I need in my account to be able to use the robot?

    Does it work on Cent accounts?

  2. Hi
    I am very interested in your services but I’m not sure if I am accessing false sites that have been made to look like yours.
    For instance ” The Trading Roy”

    One of the links also states that you have a special offer on just now. That you create an encrypted portfolio that can turn $ 300 into $ 6100 in just 48 hours using you automate bot.
    Is this you??

    Please reply as soon as possible
    Thank you
    Linda

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download My Free Robot

Get your Robot Now!






Free Robot!