firatbicer

GBPAUD long bias monthly perspective from daily chart

Long
PEPPERSTONE:GBPAUD   Livre sterling / Dollar australien
hi,

there is an uptrend on this asset. price swinging upper 0.61 fib extension level, thats nice cuz price now above the 0.61 fibonacci retracement of 3 years. thats sense bulls are on control.

i think price will range at upper level at august which 1.95-2.00.

if needs a demand i think the changed 1.9 level is will be work as key. it has a nice bullish candle from price. high volume level of the trend inside of trend is at 1.9 level.

i ll looking for gbpaud's bullish signal this month.


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