GBP/AUD Trade Idea

535
Hello and welcome to my Trade Idea of the currency pair GBP/AUD.

Lets start with the Top Down Analysis.


Monthly: The last months are bearish but the HH's and HL's confirm a bullish trend.


Weekly: On the weekly timeframe we draw the powerful bullish trendline.


Daily: Here we see the chart in more detail. We wait for a confirmed bounce from the trendline and then we expect a push to the highs.


Have a nice day.

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.