FX:GBPAUD   British Pound / Australian Dollar
Analyzing GA from the daily I noticed price is in a key-zone. Dropping down into the 2hr timeframe allowed me to confirm my decision on direction. Price is now at a pivot point gearing up for the bulls. To add to the key zone I marked off I have a median within the key zone which price has already tested, and failed to break on the last candlestick which is also the 0% on the Fib. Before entering a trade i'm gonna wait for more orders to be filled, price could head to my next key zone over time, but for now I will ride price to just a little above the 61%.

Comments

Exceptional attention to detail, thank you for sharing your analysis with us!
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lobfxempire SunnyHillCapital
@SunnyHillCapital, Thank you!
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