Gbpaudlong
⁉️ GBPAUD - Market Analysis Hello traders!
⁉️This is my analysis on GBPAUD .
Here the price is in a range for the last 3 months between 1.73000-1.78000. If the price rejects from resistance I expect we could see a down move to the support zone, but if the price break the range I will look for a long after the re-test of the resistance level.
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GbpAud Long termGbpAud has been down for 2 months, it means we had big strength from Aud without any pullback.
Now Audusd has reached super resistance and now it's reacting , it means if Audusd is going short , GbpAud its directly concerned from Audusd pair and GbpAud will go long.
We can find here a good position for long at :1.7275 with a stop loss at :1.7170 and profit target reward 1:4x2 at price 1.7720.