OANDA:GBPAUD   British Pound / Australian Dollar
D1 - 3 higher highs, higher lows structure, currently it looks like a retrace is happening. Price is nearing the uptrend line, bullish hidden divergence.

H4 - Price has reached a critical zone formed by the fibo level of the cycle and the daily uptrend line, potential bullish divergence.

H1 - Potential bullish divergence, until this critical zone holds we may look for bullish setups with bullish evidences in order to join the bulls.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.