GBPAUD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.With momentum favoring the upside, the next logical target is 2.04040, aligning with the upper boundary of the ascending channel. As long as the price remains above the support level, the bullish bias stays intact.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Trade closed: target reached
Take Profit Hit
🟢 FREE Trading Signals: t.me/danielmtrading
🔥 Best BROKER - Get 20% Deposit BONUS - bit.ly/41UtANI
🔥 Best Crypto Exchange - Get 45% Deposit BONUS bit.ly/43MybTA
🔥 Best BROKER - Get 20% Deposit BONUS - bit.ly/41UtANI
🔥 Best Crypto Exchange - Get 45% Deposit BONUS bit.ly/43MybTA
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.
🟢 FREE Trading Signals: t.me/danielmtrading
🔥 Best BROKER - Get 20% Deposit BONUS - bit.ly/41UtANI
🔥 Best Crypto Exchange - Get 45% Deposit BONUS bit.ly/43MybTA
🔥 Best BROKER - Get 20% Deposit BONUS - bit.ly/41UtANI
🔥 Best Crypto Exchange - Get 45% Deposit BONUS bit.ly/43MybTA
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.