- Analytics
- Trading Ideas
Trading Idea - GBP/AUD, 21-09-2023
Trading Signal: GBPAUD
| Order | Sell |
| Direction | Bearish |
| Pattern | Resistance Line Breach |
| Interval | 4 hours |
| Length (Candles) | 3 |
Idea Summary
The short term GBPAUD price forecast is bearish. The GBPAUD price is retreating after breaching above a resistance line. Most likely the price will continue retreating and return below resistance while there is a likelihood it may reverse falling and rise to test Fibonacci 23.6 level.
Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.
- Get Certificate
