GBPAUD great bounce

GBPAUD complete upside reversal in hands

 

GBPAUD is bouncing off the strong support of 1.8800. This bounce and a break above 1.9000 are inviting an extreme upside reversal continuation scenario which would be confirmed upon a break above 1.9200. A break below 1.8800 is now needed to invalidate this scenario. Looking higher above 1.9200 there is not much resistance.

Note: look for the long trade entries with the stop loss below 1.8930

“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn

 

REAL-TIME TRADERS EDUCATION! TRADER’S CLASSROOM ONLY $69 PER MONTH!

 

 

 

 

 

Register for Private Live mentoring with your trading evaluation to learn trading analysis and get to crucial trading levels like this article.

COPY TRADING MADE EASY

Take a break from your trading routine, and let us run some funds! Copy our trades!

 

Scroll to Top
×