SELL IN GBPAUD IN DESCENDING CHANNEL

SELL IN GBPAUD IN DESCENDING CHANNEL

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is in Descending channel and it will go up till the resistance line and...
ASCENDING CHANNEL BREAKOUT IN GBPAUD

ASCENDING CHANNEL BREAKOUT IN GBPAUD

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair broke from its ascending channel Let us know your views on this in the...
GBP/AUD Technical Analysis.

GBP/AUD Technical Analysis.

Currently, GBP/AUD is trading at 1.9584. The pair started a downtrend on 6 April and now consolidating in the descending triangle wedges . If the price breaks its support level at 1.9481, then it may touch its next support level at 1.9235. If the price breaks...
GBPAUD Breakout From Expanding Wedge.

GBPAUD Breakout From Expanding Wedge.

GBPAUD was trading in expanding wedge , but it has breakout from the pattern on the downside. Considering expanding wedge a breakout on downside our first target on downside support line 1 and target 2 is support line 2 . One can trade on the short side from the...
SELL GBPAUD (BREAKOUT AND RETEST DONE)

SELL GBPAUD (BREAKOUT AND RETEST DONE)

Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the pair was in ascending triangle and then it gave a breakout, after that...
GBPAUD At Support Level.

GBPAUD At Support Level.

GBPAUD is trading just above the support level . At a point, a trendline , support and resistance of the channel pattern are crossing each other which will act as strong support for the GBPAUD . We might see some bounce back from point a of GBPAUD towards the...