GBPAUD – Bullish market condition

The GBPAUD is trading in a bullish market condition, it was clearly rejected from the main support level around 1.5876, and therefore it is likely to continue its way up until it reaches the next LT resistance level around 1.6346:

As long as the GBPAUD trades above 1.5995 I’m going to be looking for long opportunities.

Trade Safe!

Raul Lopez
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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .