GBP / AUD Long position 1HR CHART

here we have what should be a simple trade if the bounce is accurate, nothing is valid yet though, waiting for a break to the upside of the box that the price is within, a break below would then trigger a downside movement, wary of a false breakout however!

Trade active

Comment:

triggered into trade, however I am thinking a false break to downside may occur before the upside move - as seen on other pairs this morning