DJW1998

GBPAUD - 4H CHART ANALYSIS

FX:GBPAUD   British Pound / Australian Dollar
Hi everyone,

Please see attached my chart analysis for GBPAUD on the 4H timeframe.

As we can see on the chart we have entered consolidation where it is moving in a sideways channel but there is plenty of opportunities involved here, i have marked out the area of structure in which the channel is respecting and the pip count between both is around the 180 pip mark so there is plenty of room to catch pips here.

Add this to your watchlist for a potential reversal from a structure area, wait before confirmation before entering any trades.

Any likes and comments would be appreciated.

Please give us a follow to keep up with daily updates!

DWFX
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.