GBP/AUD Forecast: Short
Here is an analysis on GBP/AUD
Currently @ 1.80100
Bearish Harmonic on the 4H chart suggests possible downtrend on the pair
The pair has to break above resistance @ 1.81 to turn bullish
We expect the pair to fall back to the 1.79 level and test support @ 1.79
OUR POSITIONS:
Buy Stop @: 1.81200
Buy Stop TP @: 1.81700
Sell Stop @: 1.79900
Sell Stop TP @: 1.79500
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
Currently @ 1.80100
Bearish Harmonic on the 4H chart suggests possible downtrend on the pair
The pair has to break above resistance @ 1.81 to turn bullish
We expect the pair to fall back to the 1.79 level and test support @ 1.79
OUR POSITIONS:
Buy Stop @: 1.81200
Buy Stop TP @: 1.81700
Sell Stop @: 1.79900
Sell Stop TP @: 1.79500
Note: All investments involve risk, our analysis and trading strategy does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
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