GBPAUD 4 HOUR LONG
Very bullish on this pair. possible break retest continuation pattern. Price broke out of strong resistance and it can now retest the same level which is now acting as a nice support. the fundamentals line up with the technicals aswell because the GBP Is very strong at the moment. Gov Carney speakes tomorrow and i expect him to be hawkish and BOE inflation report tomorrow aswell which will be a big market moving event. This will be another excuse for traders to buy GBP.
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.