OANDA:GBPAUD   British Pound / Australian Dollar
GBPAUD is currently trading near the low of the drawn up wedge pattern. We expect GBPAUD to take a rejection off our outlined area of support, this will be the confirmation needed for us to take this trade. We're expecting the continuation of this pair to move upwards.

R:R = 1:5:7

GL.
Disclaimer

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.