GBPAUD is trading on a key daily structure support.
To catch a bullish continuation from that, watch an inverted head and shoulders pattern on 1H time frame. 1.744 - 1.7465 is its neckline. To buy with a confirmation, wait for its bullish breakout (hourly candle close above that), then buy aggressively or on a retest.
Targets will be 1.755 / 1.7626
If the price sets a new low, the setup will become invalid.
❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
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.