13 Oct Weekly Forex Forecast – Forex Technical Analysis and Currency Review
Weekly Forex Analysis
GBPAUD First TP LEVEL (Red zone) 0.618 Fibonacci level. Let’s see how it behaves on this key level and wait for a possible drop till the next green zone all the away down. Price already touch daily trend line resistance level. So we expect a short sell from here.
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GBPNZD the price hit very strong resistance level of 2.00As you can see on the D1 time firm, the level was tested more than once and showed its importance very well + the level is round (2.00)I expect a fall from this level to the support level of 1.9588 and after a small rollback, the price will continue to fall.
GBPCAD Already touch the daily trend line resistance point so we can find a short sell trade here.
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