GBPAUD Finally Breaks
GBPAUD closed strong bullish candles last week, daily and 4H.
But this is no time to jump in just yet. Price will pull back into previous resistance which will now be support before continuing the overall move.
The strong daily closes and break of resistance, and consolidation shows there's more bullishness in this pair, the bears have taken over.
I'll buy until previous LH on the daily time frame, and react accordingly once price reaches that area.
But this is no time to jump in just yet. Price will pull back into previous resistance which will now be support before continuing the overall move.
The strong daily closes and break of resistance, and consolidation shows there's more bullishness in this pair, the bears have taken over.
I'll buy until previous LH on the daily time frame, and react accordingly once price reaches that area.
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