FX:GBPAUD   British Pound / Australian Dollar
I believe AUD is still going to push lower based on my Analysis on the Weekly TF on the AUD/USD chart. Therefore, I am looking to take advantage of entering a long position on this pair. This pair has been in a bullish trend forming perfect HH's and HL's. Price has now bounced of trend forming a bullish engulfing candlestick showing possible bullish momentum.