Thread: Gbp/aud analysis

Looking at the GBP/AUD pair for 1 hour, it is noticeable that it is gaining some pips at the price level of 1.8670 Should there be a continuous appreciation in the price, the next resistance level will be 1.8680 with the next support level at 1.8650.

There are indeed numerous crucial factors in forex trading. That's why as a trader, it is essential to continually pay attention to how everything works and make use of all the facilities provided by the broker. This is done to gain a better understanding and be prepared to trade with maximum efficiency on Tickmill.

To succeed in trading, there is no alternative to market analysis. In forex, analysis is of two types including technical and fundamental. Both analyses are needed for better market forecast.

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