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GBPAUD: Ascending channel changing the trend.

 

 

GBPAUD fetching its downtrend really. On a day closing, GBPAUDmarking its presence around 1.84109.An impulse from 1.97225 solidify the ascending trend and favours the sellers.

The market may entertain the sellers until 1.62274. Moreover, the pullback from uptrend adding an extra advantage to the downtrend. On the contrary, reversal from current trend may change the price movement towards 1.91148. Traders beware of these numbers and plan your trades according to that.

Happy trading.

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16 Oct 2018 12:00 pm Posted by tamilforex

 
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