D1 - Price is moving inside an expanding channel.

Price is near the magnet zone and bullish divergence is forming.

We want to see a reversal once the price reaches the magnet zone and then we can look for buys.

Invalidation - As long as the trend line and the low at 1.5903 is holding we can look for buys. If a breakout of this trendline and low happens then this setup is invalidated and we will reanalyze the situation.
breakoutbuyGBPAUDmagnetzoneTrend Analysis

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