Sunday 19 January 2020

GBPAUD: Long Term Bull, Short Term Bear 19-Jan-2020

CMP: 1.8929

Based on Weekly Chart,
Res: 2.2384; Sup: 1.7561/1.5642/1.4379
We are in positional upside targeting 2.0587, 2.2384, 2.3644-2.5532.


Based on 4H Chart,
Res: 1.9005/1.9159/1.9524; Sup: 1.8770/1.8640/1.7561
As long as 1.9005/1.9159/1.9524 resists, we can see 1.8774 initially and min target 1.8640-1.8542.
Further targets: 1.8311-1.8275 (ultimate target), 1.8136-1.8066.

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