Callumgt

GBP/AUD long potential

Long
FX:GBPAUD   Livre sterling / Dollar australien
1
Price looks to have found strong support around the 1.60000 level. price has rallied to the upside breaking the trend line and showing a BRC of the trend line on 4hr time frame. price has now crossed above the 200ema witch is another bullish confluence. My other entry criteria has been triggered which has given me my entry for this trade. My stops are below the retest swing and targets at the 2nd touch of the trend line which is in confluence with my key resistance level. Lets see how this one plays out.
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