FX:GBPAUD   British Pound / Australian Dollar
H4 - Price broke below the bottom of the range. Currently it looks like a correction is happening.

We may look for this correction to happen in the form of either one wave up with hidden bearish divergence to form or in the form of two waves up.

Once this correction completes itself, we may start looking for sells.

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.