By: DailyForex.com
The pair GBPAUD is rising again after bouncing back on the 78,60% Fibonacci retracement. We are also seeing a bullish cross of moving averages at 7 and 20 sessions. In this context, investors will therefore put upward pressure on the pair with a stop-loss at 1.5050 to target a renewed bullish movement.
Direction: Buy
Entry: 1.5180
Stop-loss: 1.5050
