British Pound / Australian Dollar
Long
Updated

GBP/AUD Potential to move higher

405
Price likely to move higher if correction on GBP/AUD ends here. I'm going long here for a couple of reasons.

The bearish trend line on the H4 has broken out.

Price has confirmed Higher low Higher high formation.

R.R: We have a decent 1:2 risk reward chance here.
Trade active
running
Trade closed: target reached
Target 1 achieved.... Price moving towards our second target !!! Stay tuned and follow for more...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.