GBPAUD Possible BUY

May 21, 2023

Looking at GBPAUD for the week, I see the possibility of it going long, I expect a pullback to the POC area 1.86420 or 1.86060 before going long, knowing that more positions were added on long on the GBP compared to the short, Also there is more weight on the AUD compared to the GBP, again the volatility for Gbpaud is low compare to the previous week. Therefore, my overall bias for this pair is long but might not move much.
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks

May 25, 2023

Trade closed: target reached