Gbpaudtrade
GBPAUD. Price will stop its growth only at the resistance level.Hello dear subscribers!
The price of the British pound will rise to the level of resistance.
The price shows excellent stability
and will only fall when it hits the target level.
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GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
GBPAUD is still stuck in consolidation. I believe we're going to be seeing some very move moves soon. We have to be extra cautious because we could see fake outs, but right now nothing for us yet. Like I said GA is just stuck in consolidation right now and we need to let it play out! Patience will be absolutely key!
GBPAUD SHORT! Price Is At All-Time Target and Trendline This is overall overview of this pair.
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GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
retesting 2.000 as previously anticipated in my last market breakdown. You have to make sure you respect these whole even numbers. 2.000 is a strong psychological key level that GBPAUD has been floating around for some time. Looking bullish for now but no trades for us just yet. GBPAUD is at a make it or break it level we need to sustain above 2.000 or we’re going to roll over back to the downside.
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
GBPAUD is pushing down a bit, but I’m not fully convinced we’re heading to the downside just yet. You have to keep in mind that 2.000 is a strong psychological key level that we have been floating around for some time. I believe that we will see a few more rejections off 2.000 before heading lower. I’m also not weighing out the possibility that we could start climbing back to the upside. Keeping a very close eye on this pair for the time being.
GBPAUD potential bounce!
GBPAUD expected to reverse up to 1st support at 1.94968 where it could potentially react and bounce to its resistance at 1st resistance at 1.95581.
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