GBP/AUD LONG TRADE - H1 SETUP

On GBPAUD, we have a bullish setup with the price that has just retraced to a Forex48 block, a strategy devised by our CEO. The trade, with the H1 candle closing outside the block, will be set to break-even, so we will have a risk-free position. The target will be set at an RR 1:4, which means at the level of 1.92. Greetings from Nicola, the CEO of Forex48 Trading Academy
Beyond Technical AnalysiseducationForexGBPAUDTechnical IndicatorsLONGpriceactionsetupsignalsTrend AnalysisXAUUSD

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