Trading Idea - GBP/AUD, 13-04-2021 | IFCM
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Trading Idea - GBP/AUD, 13-04-2021

Trading Idea - GBP/AUD, 13-04-2021

Trading Signal: GBPAUD

OrderBuy
DirectionBullish
PatternSupport Line Test
Interval4 hours
Length (Candles)61

Idea Summary


Medium term GBPAUD forecast is bullish. The technical analysis of the GBPAUD chart in 4-hour timeframe reveals the price is trading with upward bias after testing the support line. It is most likely the price will continue trading with bullish bias. There is a small likelihood the price might reverse and decline to test the support line.

Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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