GBPAUD Tripple bottom pattern formed in 2016. Morning Star Pattern formed mid-September 2020. Subtle double bottom formed around 1.7500 bottom price tested the level several times. 1.8440 neckline resistance broker last week but price closed back towards the low. 1.7500 suspect support for a longer-term bullish trend. Initial target 1.8650.
GBPAUD daily analysis. GBPAUD forecast. GBPAUD forex signal.
Supports: downside level 1.8195, next level if break 1.8150 and 1.8070.
Resistances: 1.8520, then 1.8650 and 1.8750.
Recommendation: Buy with stop loss below 1.8150 with target 1.8650