GBPAUD Approaching Support, Potential Bounce!
GBPAUD is in a bullish channel where it is approaching its support at 1.7803 (100% Fibonacci extension, 76.4% Fibonacci retracement, 38.2% Fibonacci retracement, channel support) where a bounce up to its resistance at 1.8032 (61.8% Fibonacci extension) could occur.
Stochastic (55, 5, 3) is approaching its intermediate support where we a bounce could occur.
Stochastic (55, 5, 3) is approaching its intermediate support where we a bounce could occur.
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