GBPAUD channel
Due to the price hitting the upper ceiling of the ascending channel channel, we expect a correction in the first stage and in the second stage, we expect to hit the lower ceiling of the channel.
Our target area for price correction is 1.87000 because:
1 is near the level of 0.382
2 is an important area of resistance to which prices have reacted many times
3 is a rand number
Thank you dear ones for reading our analysis
Our target area for price correction is 1.87000 because:
1 is near the level of 0.382
2 is an important area of resistance to which prices have reacted many times
3 is a rand number
Thank you dear ones for reading our analysis
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