Forex Forecasts: The buying scenario on the GBPAUD
The Australian pound is moving sideways on a 4 hour frame, which constitutes a possible consolidation area to start buying.
A break through the upper part of the Wyckoff gathering area at 1.8513 is a good opportunity to enter a long position.
But if the price returns to the bottom of the consolidation area, it is an opportunity to enter early buying from 1.7714
A break through the upper part of the Wyckoff gathering area at 1.8513 is a good opportunity to enter a long position.
But if the price returns to the bottom of the consolidation area, it is an opportunity to enter early buying from 1.7714
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