GBPAUD: Another Bullish Pattern

232
⚠️GBPAUD has adhered to a horizontal support level on the intraday chart and has bounced back from it, revealing a strong bullish pattern.

The price has formed a cup and handle pattern and is currently testing its neckline.

Look for a breakout confirmation; a 4-hour candle closing above the 2.0750 level will validate this breakout, leading to an anticipated bullish continuation.

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.