GBPAUD - Reversal to 1.86 level
Haven't published on here in a while!
Here's a simple set up on GBPAUD with lots of confluence pointing to a reversal. Here we see price rejecting both the 100 and 200 H4 averages at a significant area of support-resistance.
The last H4 doji closure implies a bearish reversal, in which i expect price to fall to test the 1.86 psychological support level.
Let's see if a weak GBP can push us to TP!
Here's a simple set up on GBPAUD with lots of confluence pointing to a reversal. Here we see price rejecting both the 100 and 200 H4 averages at a significant area of support-resistance.
The last H4 doji closure implies a bearish reversal, in which i expect price to fall to test the 1.86 psychological support level.
Let's see if a weak GBP can push us to TP!
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