GBPAUD Potential bull flag break

Posted by ForexAnalytix on Oct 23, 2017 10:57:14 AM

GBPAUD has made an ABCD pattern correction from the end of September high and back above 1.70 is a bull flag break out and targets 1.7475 and potentially 1.8043.  A close below 1.6650 negates the bullish view.

Get the whole ForexAnalytix package when you fund your SCM Trading Accont:

Receive your free consultation

Topics: Trading, setups

Subscribe Here!

Posts by Tag

See All

TRADING BENEFITS

CLIENTS

ACCOUNTS

PLATFORMS

LEARN

CONTACT

Disclaimer

All transactions on the currency spot market are speculative and all investments should be made using risk capital that is not crucially required. There may be a considerable risk of losses on the currency spot market and all transactions using Scandinavian Capital Markets SCM AB are at risk of capital loss. You should consider carefully whether such investments are appropriate to you, taking into account your financial assets. We advise everyone to seek independent advice regarding issues concerning investments on the currency spot market. No information on this website should be understood to constitute financial advice from Scandinavian Capital Markets SCM AB. It is published for information and marketing purposes. Scandinavian Capital Markets does not accept clients from the U.S, Iran, Syria, North Korea, Yemen and Cuba. Scandinavian Capital Markets may reject any applicant from any jurisdiction at their sole discretion without the requirement to explain the reason why.

Registered Financial Institution with the Swedish Financial Supervisory Authority. Finansinspektionen Reg. No. 556863-5972.
Privacy Policy | Account Terms & Conditions | AML Policy | Copyright © 2019 Scandinavian Capital Markets