Price Action Setups – GBPUSD and GBPAUD

by Justin Bennett  · 

April 22, 2014

by Justin Bennett  · 

April 22, 2014

by Justin Bennett  · 

April 22, 2014


The British Pound was finally able to close above the 1.68 level today. Although there’s no real price action for us to trade, we can look for a retrace into support for a price action buy signal. Let’s see what we get the rest of this week.

gbpusd price action chart

The GBPAUD is trying to recover from recent lows. It was able to hold its footing above the 1.792 level today. If the correction is to continue, we may see a test of the 1.812 level in the coming days.

price action chart of gbpaud


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