GBPAUD Intraday 3:1 Setup.
Updated
GBPAUD - Intraday - We look to Buy a break of 1.8461 (stop at 1.8418)
Price is in a bullish flag.
With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals.
Short term MACD is moving higher.
Expect trading to remain mixed and volatile.
The trend of higher highs is located at 1.8600.
A sequence of daily higher highs and lows has been posted.
Our outlook is bullish.
Our profit targets will be 1.8592 and 1.8623
Resistance: 1.8420 / 1.8500 / 1.8600
Support: 1.8380 / 1.8315 / 1.8300
Price is in a bullish flag.
With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals.
Short term MACD is moving higher.
Expect trading to remain mixed and volatile.
The trend of higher highs is located at 1.8600.
A sequence of daily higher highs and lows has been posted.
Our outlook is bullish.
Our profit targets will be 1.8592 and 1.8623
Resistance: 1.8420 / 1.8500 / 1.8600
Support: 1.8380 / 1.8315 / 1.8300
Trade closed: stop reached
Stop reached!
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