ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/AUD Long-Term Trend: Bullish
Key Resistance Levels: 2.01635, 2.02658, 2.03882
Key Support Levels: 1.99747, 1.98847, 1.95899
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It tested a support level of 1.95899 and bounced back. The pair has broken a few resistance levels which suggests further trend continuation.
GBP/AUD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a resistance level recently to shift the short-term trend to bullish. As of now the pair has broken and retested a minor level of 1.99747 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 2.00550
TP @ 2.01480
Stop Loss @ 1.99621
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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