The GBPAUD holds above the support – Analysis – 24-7-2019
Economies.com
2019-07-24 06:38AM UTC
The GBPAUD pair succeeded to hold above the main bullish channel’s support line recently, as 1.7670 level forms major factor to confirm the bullish scenario again, expecting to gather strong positive momentum to rally towards the moving average 55 that forms the first positive target at 1.7935, while surpassing it will extend trading towards 1.8116 and press on 50% Fibonacci correction level that appears on the chart.
The expected trading range for today is between 1.7730 and 1.7935
The expected trend for today: Bullish
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