GBPAUD is trading just above the support level . At a point, a trendline , support and resistance of the channel pattern are crossing each other which will act as strong support for the GBPAUD . We might see some bounce back from point a of GBPAUD towards the resistance line so one can initiate a long position at point A for upside.

Like/Comment/Follow Us For More Idea
Note- Trade With Proper Risk Management System Only

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.