Hey traders,
GBPAUD is falling sharply.
The pair lost more than 4% of its value since January.
Ahead is a key level.
To catch a pullback from that watch a falling wedge pattern on 1h time frame.
Your trigger to buy will be its bullish breakout.
Then the price will most likely bounce to 1.86 level.
In case of a bearish breakout of a yellow zone,
the setup will be invalid and a further decline will be expected.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.