GBPAUD Long Trade Setup

36
A long trade opportunity recently presented itself on the pound-aussie trading chart 📈.

This is indicated by the bullish harami candlestick pattern just above the 1.88713 horizontal support level.

This indicates a rejection of the same level, with potential price move in the upward 👆⬆️ direction.

Sufficient upward momentum should see price rallying towards the 1.98000 psychological level and possibly testing the strength of the 1.99826 horizontal resistance level.

As always, please apply appropriate risk management.

Happy trading!

#GBPAUD #poundaussie #longsetup #bullishsignal #buy #trading #crosspair

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.