TheSignalyst

GBPAUD waiting for confirmation to buy

Long
FX:GBPAUD   Livre sterling / Dollar australien
on DAILY: GBPAUD is sitting around a support zone in green so we will be looking for objective buy setups on lower timeframes. (unless price breaks it downward aggressively)

on H1: GBPAUD we are waiting for a third swing to form around our upper red trendline to consider it valid and then enter on its break upward.

Meanwhile, GBPAUD would be overall bearish, until the buy setup is activated.

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