GBPAUD: Your Trading Plan For Today 🇬🇧🇦🇺

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Hey traders,

GBPAUD is approaching a rising trend line on a daily.

The price formed an inverted head & shoulders pattern on that on 1H time frame.
1.7937 - 1.7953 is its horizontal neckline.
To buy with a confirmation, wait for its bullish breakout (hourly candle close above that).
Then, buy aggressively or on a retest.

Targets will be 1.8033 / 1.8075

If the price sets a new low, the setup will be invalid.

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audaustraliandollarForexGBPGBPAUDHead and ShouldersMultiple Time Frame AnalysispoundTechnical AnalysistradingTrend Lines

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