GBPAUD is approaching a rising trend line on a daily.
The price formed an inverted head & shoulders pattern on that on 1H time frame. 1.7937 - 1.7953 is its horizontal 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 1.8033 / 1.8075
If the price sets a new low, the setup will be invalid.
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