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Gbpaudlong

GBPAUD DThe price was able to breach the important resistance at 1.79867, with the breach of a downtrend as well We also see a strong rebound of the candlestick of the day from the SMA 50 If we go back to the one-week timeframe, we will see this week's closing above the aforementioned resistance with the breach of the downtrend We also have two harmonic models (Butterfly + Shark or what is called XABC or XABCD) I previously proposed a previous analysis (the butterfly model), which achieved two goals and was very close to the third goal Currently at the level of 1.79867, we will see the rest of the levels, God willing Exit from the position in the event of closing below the level of 1.77189
Long
by mysqlerror
GBPAUD - BULLISH BIASGBP - BULLISH 1️⃣ Hopes that the UK could ease lockdowns sooner than expected due to the country's fast deployment of Covid-19 vaccines. 2️⃣ British inflation rose a little more than expected in January. 3️⃣ The pound has also been supported this year by lessening expectations of negative interest rates and a post-Brexit trade deal with the EU. AUD - BEARISH 1️⃣ Negative in risk sentiment undermined the antipodeans. ===== Technical ===== We are looking to buy the GBPAUD on support + above SMA 50 on the H1 chart.
Long
by MonsunAsia