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FX.co ★ GBP/AUD Bullish Outlook April 06, 2011 (Daily Strategy)

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Forex Analysis:::2011-04-06T14:50:06

GBP/AUD Bullish Outlook April 06, 2011 (Daily Strategy)

GBP/AUD Bullish Outlook April 06, 2011 (Daily Strategy)

GBP/AUD

The downward correction of today represented by the time a technical correction in the short term bullish last sequence and therefore, could create an attractive opportunity to buy, before the pair continue to rise with the rising wave that awaits.

Our goal for the exercise of the long position is in relation to the first level of monthly resistance around 1.6160 Australian Dollars per Pound Sterling.

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