Penelopy1104

GBPAUD in-depth analysis

Long
FX:GBPAUD   British Pound / Australian Dollar
Summary: We are overall on a bullish run, with a retracement seeming to come to an end, allowing a continuation. Price is sitting on areas of structure (S/R & TRENDLINE) with a prominent inside bar (daily) along with the EMAs and ADX indicators trending bullish Giving more fuel to the flame. I'll be looking for BUY opportunities, aiming for the area of imbalance (IB) as my target TP

If price breaks past the critical Support the analysis is invalid
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