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VladimirRibakov

GBPAUD Buy Idea

Short
British Pound / Australian Dollar (FX:GBPAUD)  
VladimirRibakov  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis GBPAUD buy Wedge convergence Trend Line Break
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trendanalysis gbpaud buy wedgepattern convergence trendlinebreak
D1 - Price moving inside wedge. Price created bullish convergence followed by double wave down.

We can go long with the breakout of the trend line.

Crucial zone formed with the trend line coinciding with the 61.8 Fibo and we may expect the price to reach this zone at least after breakout.

H4 - Price broke above the big downtrend line and moving higher now. We can go long after pullback.
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