ASCENDING TRIANGLE IN GBPAUD CLOSE TO BREAKOUT

Brittiska pund/Australiensiska dollar (FX:GBPAUD)

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FX:GBPAUD Brittiska pund/Australiensiska dollar

trendanalysis chartpattern gbpaudanlysis

Hello people, here is our analysis on GBPAUD. As we can see that the pair is in ascending triangle and close to its resistance. The resistance is taken from D1. We have also uploaded another chart with analysis in our comment section. The chart is of D1. IIn that you will see that at 2.01665 there is a lot of consolidation and the price is not able to break it. However it will be interesting to see what the pair will do after the breakout.

Let us know your views. Thanks.

Ryan.R.Lopes

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