pipdmt Posted July 26, 2020 Share Posted July 26, 2020 GBPAUD is currently rallying around 1.8003. On the 4 Hours Chart , the previous candle closed above the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active up trend . This trend is supported by the fact that the price is above the previous day's Lowest Low 1.7947 . While we continue to see a sustained move above 1.7947 we expect a surge much Higher with an Ideal Target at 1.6378. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.6104 Image courtesy of FreshForex Quote Link to comment Share on other sites More sharing options...
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