GBPAUD Swing configuration for january to march 2018
GBPAUD is in a daily ascending channel. For first 2 to 3 months of 2018, we can see a short opportunity if prices reach 1.75 until 1.65 for 1000 pips.
Otherwise when prices reachs 1.65-1.64 area then a long swing configuration would take place for another 500 to 1500 pips.
It is important to wait for an optimal zone to go short. A short-term rebound from 1.72 to 1.75 is probable after having lost more than 700 pips in december.
Otherwise when prices reachs 1.65-1.64 area then a long swing configuration would take place for another 500 to 1500 pips.
It is important to wait for an optimal zone to go short. A short-term rebound from 1.72 to 1.75 is probable after having lost more than 700 pips in december.
