GBP/AUD-Daily analysis
-Hello everybody!
-On GBP/AUD we can see strong bullish movement and retest on ascending channel's resistance line.We can see example of bullish engulfing but will engulfing happen at the end of the day?
-AUD is very weak right now on daily base and GBP is strongest currency on daily base but on weekly GBP is very week,whole week GBP was weak and AUD was strong until today.
-We can expect nice move in bullish direction if GBP remains strong until end of the day...But that is just my opinion.
-On lower time frames like 1 and 4 hours we can see that bulls are in control and we can see lot of rejection on support line.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
-On GBP/AUD we can see strong bullish movement and retest on ascending channel's resistance line.We can see example of bullish engulfing but will engulfing happen at the end of the day?
-AUD is very weak right now on daily base and GBP is strongest currency on daily base but on weekly GBP is very week,whole week GBP was weak and AUD was strong until today.
-We can expect nice move in bullish direction if GBP remains strong until end of the day...But that is just my opinion.
-On lower time frames like 1 and 4 hours we can see that bulls are in control and we can see lot of rejection on support line.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.