GBPAUD Just Confirmed A Support Zone [QUICK UPDATES]

Hey all, the Trading Guru is back with another entry on a new series called 'Quick Updates'.

The price just hit this support zone, and got a beautiful confirmation of the area. It looks like the support zone is maintained, and the price will no continue with a bullish momentum. The nearest resistance is just above the current price, and makes for a nice scalp.

--- What is The Quick Update Series All About? ---
I am starting a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will not contain just a short explanation, in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

Follow me for consistent high quality updates, with clear explanations and charts.
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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

Trade closed: target reached:

What a perfect result!

The price bounced off the support zone like we expected, and went beautifully to the resistance.