Short-Term Ascending Trend-Channel Favors GBPAUD Up-Move

Discussion in 'Technical Analysis' started by Kaitlin, Nov 5, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Having reversed from the 2.0800 horizontal support, the GBPAUD observe the short-term ascending trend-channel, which recently fueled it towards testing the highest levels in a month; however, inability to surpass the 2.1700 channel resistance level recently pulled the pair back, indicating a quick test to 2.1300 – 2.1290 zone, including[​IMG]

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