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Mihai_Iacob

GbpAud eyes 1.9

Panjang
Paun British / Dolar Australia (FX:GBPAUD)  
Mihai_Iacob  
FX:GBPAUD   Paun British / Dolar Australia
Trend Analysis Chart Patterns Technical Indicators
7
5
trendanalysis chartpattern indicator
After more than 3k pips drop from March, GbpAud found a strong bottom at 1.75. Since then the pair is trading up and we can even speculate a H&S for this pair.
Now GbpAud is trading in resistance (neck-line) and a break here can put accelerate gains to 1.9
An ideal entry for longs can be 1.8150 with a 200 pips SL and a 800 pips TP
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Penafian

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