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Gbpaudlong

GBPAUD 2nd BULLISH Push Towards Resistance LevelAccording to our previous GBPAUD analysis, we have explained our reason behind a huge BULLISH momentum for GBPAUD. We also managed to see a strong BULLISH movement according to our previous analysis. However, the bullish strength did not managed to hit 1.8335 resistance level as anticipated. The high that we managed to see tested the trend resistance and rejected from there. Currently, we managed to see a nice rejection from the trend support level. This gives us an opportunity to long this pair with a target at the resistance level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
2
GBPAUD facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above the ascending trendline support, and Stochastics has also just reacted at the lower 7.49 support level where it has reacted off before. We could potentially see a bounce and further rise above 1st support, in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support and ascending trendline support, towards 1st resistance, in line with 100% Fibonacci extension and horizontal swing high resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
3
GBPAUD Bullish sentimentAs we can see, price has left pockets of liquidity and making highs after last week's price run higher. We expect Friday's Low to be taken out before price runs higher to continue the bullish trend. We can also see an unmitigated bullish orderblock situated in a Daily Fair Value Gap and just below the 50% fibonacci level on the most recent & impulsive swing high. If price reaches this our point of interest, we will be looking for a buying opportunities. Enjoy
Long
by Dyleee