Contributors Technical Analysis GBP/AUD W H3 Confluence For New Short Trades

GBP/AUD W H3 Confluence For New Short Trades

The GBP/AUD might possibly complete the retracement soon and we should see a move down.

The POC zone 1.7599-1.7623 is additionally supported by the W H3 camarilla pivot. We can also see the D H5 resistance which adds to existing confluence. The pair should make a move down towards 1.7521 and 1.7480. If the targets are reached then it will be a decisive point for the pair. Either continuation down to 1.7459 or a move to the upside as a retracement again.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version