GBPAUD Approaching Resistance, Potential Reversal!
GBPAUD is approaching its resistance at 1.8432 (100% Fibonacci extension, 50% & 61.8% Fibonacci retracement, horizontal overlap resistance) where it is could reverse down to its support at 1.8309 (38.2% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
Stochastic (55, 5, 3) is approaching its resistance at 94% where a corresponding reversal is expected.
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