CMP: 1.9509; Sup: 1.8640
I expect this pair is going to top out soon for bigger correction.
I expect this pair is going to top out soon for bigger correction.
Research & Analysis - Index, Equity, Forex, Commodity & Crypto Currencies
Showing posts with label pound australian dollar. Show all posts
Showing posts with label pound australian dollar. Show all posts
Friday, January 31, 2020
Wednesday, January 29, 2020
GBPAUD: Medium Term down, Long Term Bull? 29-Jan-2020
CMP: 1.9224; Res: 1.9355/1.9525; Sup: 1.8640
Further targets: 1.8471-1.8262.
If the lower trend line supports, we will see a final leg of up move towards 1.9524 initially.
Long Term
Based on Daily chart, I expect to see another up move towards 1.9524-1.9717, 2,0191, 2.0854...Short/Medium Term
As long as 1.9355/1.9525 resists, I expect to see a retest of 1.8640.Further targets: 1.8471-1.8262.
If the lower trend line supports, we will see a final leg of up move towards 1.9524 initially.
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