OANDA:GBPAUD   British Pound / Australian Dollar
Technical:

- Ascending channel
- Following the 4H EMA
- Looking for rejection previous resistance and the support line of the channel for bullish confirmation

Will wait for bullish confluence among indicators (currently not in our favor) before entry, to further increase trade probability.

Fundamentals:
- The UK unlocking on Monday 19th could see a boost in the economy as spending continues in the public sector

Comments

do not forget that in order to continue higher on its bullish path it has to mitigate liquidity pools and imbalances to the bottom of the channel wey further down. banks do not like continuing with mitigation of orders and losses
+2 Reply
thank you.thats really good job Barbie😊
+1 Reply