Don't miss the great buy opportunity in GBPAUD

7 Jul 2020

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7945). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.

Take Profits:
TP1= @ 1.8090
TP2= @ 1.8175
TP3= @ 1.8340
TP4= @ 1.8450
TP5= @ 1.8660

SL= Break below S2

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