5 wave bullish move complete on GBPAUD, which should now be followed by a 3 wave correction. So far, we have seen the first corrective wave drop towards $1.767 (Wave A), before pulling back up to create Wave B.
A good target for Wave C to finish would be around $1.76, offering a 250 PIPS profit opportunity. There is also a gap waiting to be filled towards the downside. Wait for price to hit green line, for a sell confirmation📉
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