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GBP/AUD Fakeout + Bullish Move Expected

Long
British Pound / Australian Dollar (FX:GBPAUD)  
ThinkingAntsOk  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis GBP aud GBPAUD LONG Bullish Patterns analysis setup
4
5
trendanalysis supportandresistance mtfa gbp aud gbpaud long bullish analysis setup
🔸WEEKLY CHART EXPLANATION:
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🔸Price broke the Ascending Trendline but it could not stay below.
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🔸We consider that this pair has bullish potential towards the Resistance Zone in the long term.
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🔸Before considering a bullish trade, we are waiting for a break of the previous lower high that can be better appreciated on a lower timeframe.
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🔸 Will look for a lower timeframe bullish setup.

🔸 4H CHART ANALYSIS:

snapshot


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