GBPAUD Buy the dip.
Updated
GBPAUD - Intraday - We look to Buy the dip
With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals.
Pivot support is at 1.7965.
Expect trading to remain mixed and volatile.
We look to buy dips.
Dip buying offers good risk/reward.
Our profit targets will be 1.8085 and 1.8119
Resistance: 1.8060 / 1.8100 / 1.8130
Support: 1.8000 / 1.7980 / 1.7930
With our medium term bias looking to fade gains and the short term bias indicating buying interest we are faced with mixed signals.
Pivot support is at 1.7965.
Expect trading to remain mixed and volatile.
We look to buy dips.
Dip buying offers good risk/reward.
Our profit targets will be 1.8085 and 1.8119
Resistance: 1.8060 / 1.8100 / 1.8130
Support: 1.8000 / 1.7980 / 1.7930
Trade active
Trade closed: target reached
Target of 1.8085 has been reached intraday! (1.8091 close)
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