KosirFX

GBPAUD analysis

Long
KosirFX Updated   
FX:GBPAUD   British Pound / Australian Dollar
Hi traders, I think that we might see one more push to the upside on GBP before reversal. I want to see price to made some price action for buy, it might bounce from trendline. I see gbp index to push bit higher. Around upper trendline where i expect reverse its even daily SMA line which can nicely push price lower from that point, and there will be abc flag completed. So far we are having A and B wave in that 4h flag correction, so C wave is expected. Wait for price action before buying! Good luck
Comment:

GBP index is showing that we need one more wave to the upside. Price might go and retest that lower trendline first and bounce from it
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