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British Pound / Australian Dollar
Long

GBP.AUD - Buy The Breakout

By UnknownUnicorn180388
Updated
My basic 4hr chart analysis on the GBP.AUD

A buy stop order is now in place.
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Please note my entry, stop loss and take profit levels are reserved.
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A minor breakout has now occurred
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1hr breakout and a close above EMA.

snapshot
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Monthly & Weekly outlook included.

GBP.AUD - Technical Breakdown
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A strong impulse out of the consolidation, i will be watching price into 1.7100
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Trailing stop loss now in place.
Trade closed: target reached
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snapshot
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Long term i am looking for 1.7700 however we will now need to see some sort for consolidation period, after a strong impulse.
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Price running into 1.7300 resistance, a consolidation period is now expected.
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Trading Strategy Using The 50 EMA
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UnknownUnicorn180388

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