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GBP/AUD Potential Upward Movement

GBP/AUD Long-Term Trend: Bullish

Key Resistance Levels: 1.7961, 1.7995, 1.8012

Key Support Levels: 1.7900, 1.7865, 1.7828

1-Hour Chart:

The price on the higher time frame has been in an uptrend for some time after it broke a major level of 1.7637. The pair recently pulled back and tested a level of 1.7865 before bouncing back which shows bullish bias.

GBP/AUD Medium-Term Trend: Bullish

5-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a trading range at the 1.7865 level and sustained above that. As of now the pair has broken and retested a minor level of 1.7900 before continuing the momentum.

Signal Idea:

Buy Limit Order @ 1.7920

TP @ 1.7989

Stop Loss @ 1.7897

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.


  1. nice trade but not triggered, still nice analysis keep going

  2. Wow it was quick huge win, greatest trade
    Thank you

  3. Should I still hold my position or move sl to break even

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