GBP/AUD is Extremely Bullish With M H5 as the Target

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The GBP/AUD is extremely bullish. Watch for the move towards 1.9633 and 1.9770. Buying the dip is still the best option.

The GBP/AUD is very bullish. We could have a move up to 1.6133 and eventually 1.9770. 1.9350-1.9435 is the zone where we might see bounces towards targets. If the price makes to M H5 around 1.9770, watch for a potential rejection and a retest of 1.9630 levels. Until the M H5 is reached, buying the dips seems to be the best option. Take a look at MyFXBook and see the last few days of trading solely GBP crosses.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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