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British Pound / Australian Dollar
Long

GBPAUD DAILY

By Profound_Ambition
Updated
Price is showing a lot of pressure in its 140 pip consolidation range, after its previous strong bullish engulfing candle bouncing off weekly support, showing that price may be ready to reverse its trend. Watch for a clean break of daily resistance ..
Note
snapshot 4 hour: Or a break of 1.74 on this time frame & retest rejection could set up some nice buy opportunities
Note
snapshot Target one reached
aussiedollarbreakconsolidationEngulfing CandleGBPAUDpoundpressureretestSupply and DemandSupply ZoneSupport and ResistanceTrend Analysis
Profound_Ambition

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