GBPAUD Approaching Resistance, Potential Reversal!
GBPAUD is approaching its resistance at 1.7636 (61.8% Fibonacci extension, 61.8% & 50% Fibonacci retracement, horizontal overlap resistance) where it could reverse down to its support at 1.7405 (61.8% Fibonacci retracement).
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 95% where a corresponding reversal could occur.
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