GBPAUD Upwards Momentum Has Been Strong

От UnknownUnicorn852976
Обновлено
Hello Traders,

The price action is dictating to us that this pair does not want to turn and break the low, but instead a continuation upside is likely.
We have broken the small trend line and are looking for a continuation pattern to keep going.
Expect a move up to break the 1.8498 high and possibly even continue further to breach 1.861 / 1.865 range.
Look for the move to go from here or it can make 1 more small down move to bounce on the previous trend line before reversing back up.


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Комментарий
Hard rejection guys, the move just ended I think.. (for now)
I think we have to see what happens after a move back to the trend line to see whether it will completely go down or is it just still in correction for a bigger up move.

снимок
Комментарий
So far, so good. Let us see what happens what happens at the trend line! I will keep you posted.

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Chart PatternsChart patternsForexGBPAUDgbpaudlongTrend AnalysisWave Analysiswaves

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