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the5erstrading

GBPAUD Demand Set-up

Long
British Pound / Australian Dollar (FX:GBPAUD)  
the5erstrading  
FX:GBPAUD   British Pound / Australian Dollar
Supply and Demand Multiple Time Frame Analysis Trend Lines Supply Zone Demand Zone demand_zone GBPAUD structure marketstructure
11
0
supplyanddemand mtfa trendline supplyzone demandzone demand_zone gbpaud structure marketstructure
GBPAUD has managed to break structure to the upside then form a strong pullback into the previous demand zone.

While this zone has been tested a few times, if we see on the lower timeframes elements of bullish behavior, we should look for opportunities to go long.
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