GBP AUD - Buy update
GBP AUD - 4hour chart
Be ready for either direction on the lower timeframe.
Technicals to assess.
We have a nice technical sell of yesterday but with the AUD USD rebounding in a negative light, the GBP has entered the supply again with a boost from the risk-off aversion.
From the chart below, watch out for the fresh daily zone which has not been truly tested yet.
Our new long zone is from the grey imbalance - where by price will now look at fibonacci retrace zones - where we will look to buy again.
See the full breakdown here:
See our previous buy zone [this is a position hold]
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
Be ready for either direction on the lower timeframe.
Technicals to assess.
We have a nice technical sell of yesterday but with the AUD USD rebounding in a negative light, the GBP has entered the supply again with a boost from the risk-off aversion.
From the chart below, watch out for the fresh daily zone which has not been truly tested yet.
Our new long zone is from the grey imbalance - where by price will now look at fibonacci retrace zones - where we will look to buy again.
See the full breakdown here:
See our previous buy zone [this is a position hold]
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise and clears your mind.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Regardless we will continue producing analysis.
Thanks,
Team LVPA MMXXI
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