CobraVanguard

GBPAUD's situation+next targets and expected movements.

Long
FX:GBPAUD   British Pound / Australian Dollar
The GBPAUD currency pair is in an uptrend by reaching a PRZ zone.

🌟The bullish signals in the PRZ area are:
- Support area
- Pivot S1 monthly and S1 weekly
- Trend line
- Moving EMA200

❗ and the bullish signals of market momentum are:
- bullish Divergence in MACD

⭐ Note that the price has reached the PRZ zone and the entry will be activated when the downward trend line is broken in the 1-hour time frame or the candlestick trigger, of course we will wait for the downward momentum drop and the RSI trend line will also be broken. On the other hand, if the PRZ is broken downwards with the strength of the bearish candles, this analysis of ours will be failed.

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