GBPAUD Bounced Off Support, Prepare For A Further Rise
GBPAUD bounced nicely off its support at 1.8011 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 1.8099 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is bounced off its support at 4.9% where a corresponding rise could occur.
Stochastic (55, 5, 3) is bounced off its support at 4.9% where a corresponding rise could occur.