GBPAUD - New bullish wave?
PAIR IN FOCUS: GBPAUD
ACTION: LONG
HORIZON: SHORT TO MEDIUM-TERM
Price has broken a recent swing high, and that signals for a possible new bull wave or large retracement. The presence of a bullish RSI divergence also gives support to a bullish bias.
TP 1: 1.91870
TP 2: 1.92890
STOP LOSS: 1.90070
ACTION: LONG
HORIZON: SHORT TO MEDIUM-TERM
Price has broken a recent swing high, and that signals for a possible new bull wave or large retracement. The presence of a bullish RSI divergence also gives support to a bullish bias.
TP 1: 1.91870
TP 2: 1.92890
STOP LOSS: 1.90070
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.