Hello guys! Again Vugar here. By following GBP/AUD, I decided to write some sentences about it. Already, we see that it created flat channel or something like it. Channel upper level is 1.93550, bottom line is 1.90867. The is most important is its median. Median is parallel line among trend channel. In GBP/NZD, median is 1.92480 approximately.
What can we wait for?
Price now is 1.9213. This is too closer to median. In this case, have one decision: - put SELL STOP at 1.92000! TP 1.91328 SL 1.92700
If we will have a chance (a little) then we will be successful in the end of day!
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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.