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GBPAUD: Important Decision Ahead 🇬🇧🇦🇺
British Pound / Australian Dollar
Long
GBPAUD: Important Decision Ahead 🇬🇧🇦🇺
By VasilyTrader
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Updated
Jul 20, 2022
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Jul 19, 2022
Hey traders,
GBPAUD is approaching a solid rising trend line on a daily time frame.
Depending on the reaction of the price to that, I see 2 potential scenarios:
If the price breaks and closes below that,
I will expect a bearish continuation to 1.731 level.
If bulls violate a resistance line of a tiny rising wedge pattern and close above that,
I will expect a bullish movement at least to 1.765
I believe that probabilities are on a bullish side.
However, let's see what will happen!
What do you expect?
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
Jul 20, 2022
Note
Watch my new video on US30:
australiandollar
Candlestick Analysis
GBPAUD
pound
priceaction
priceactionanalysis
priceactionstrategy
priceactiontrading
Trend Lines
Wedge
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