GBPAUD OVERVIEW for the week commencing on 21st June 2021
Weekly Chart Closure - strong bullish momentum on candle closure, creating an morning star pattern on the Weekly chart. 
Daily Chart - currently in an uptrend, market wicked to 38.2% which is in line with previous level of resistance (which the projection now would be -27% which is around the 1.86000 area).
H4 Chart - Break of small range area to the upside, showing signs to continue bullish momentum.
30m Chart - in a uptrend retraced 50% and rejected projection would be -27 (1.85500), ideally would like to see another touch of the support level to try and get involved with the long opportunities or see a break of the resistance level and a pullback after that.
Daily Chart - currently in an uptrend, market wicked to 38.2% which is in line with previous level of resistance (which the projection now would be -27% which is around the 1.86000 area).
H4 Chart - Break of small range area to the upside, showing signs to continue bullish momentum.
30m Chart - in a uptrend retraced 50% and rejected projection would be -27 (1.85500), ideally would like to see another touch of the support level to try and get involved with the long opportunities or see a break of the resistance level and a pullback after that.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.