GBPAUD has been melting to the downside with no sign of a significant pullback. Price has finally made its way to the downside testing a demand and support zone. We also see price decelerating at that level and could likely see the first real retracement to the upside in the form of sellers taking profit on their shorts and buyers stepping in to buy the lows.
When my entry opportunity presents itself, my target first target for the longs will be around the 1.85500 psychological half-level.
Stay strapped and control risk 🙏🏼📈
When my entry opportunity presents itself, my target first target for the longs will be around the 1.85500 psychological half-level.
Stay strapped and control risk 🙏🏼📈