AUD/GBP OUTLOOK : BULLISH

Pembelian

AUSTRALIAN DOLLAR / BRITISH POUND (FX_IDC:AUDGBP)

FX_IDC:AUDGBP AUSTRALIAN DOLLAR / BRITISH POUND

audgbp aud_gbp bullish long forecast 4h 4hour

The analysis above is just my overall bias on the pair. Price has reached the bottom of the channel (also the completion of a harmonic wave) and is beginning print higher lows (indicating a possible uptrend). However, price is still struggling to break resistance (shaded grey area). I will be monitoring this pair for a LONG entry once resistance is broken. Entry will be based on a demand/TL/fibs. A smaller TF analysis for possible entry points will be posted soon.

Please feel free to comment below for any questions or suggestions regarding my analysis.

Thanks
MaiTrader

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