BKTradingAcademy

GBPAUD I Correction and Push Higher

OANDA:GBPAUD   Sterlina / Dollaro australiano
Welcome back! Here's an analysis of this pair!

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** Price is currently retesting a previous area of daily resistance and may retrace to the support zone highlighted. We suspect many traders will start shorting and market makers may push the price a bit higher to take out liquidity before a correction. After potentially collecting stop losses, we expect a brief correction and continuation to resistance at 9100 zone.

Enter when the entry criteria of your strategy is met.

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Brian & Kenya Horton, BK Forex Academy

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