Hello and welcome to my Trade Idea of the currency pair GBP/AUD.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a permanent uptrend. The last months are bullish too.
Weekly: We see on the weekly timeframe a bullish momentum too.
Daily: The daily timeframe is ranging.
H4: We see on the h4 timeframe a strong support area where the market reacts beautifully to it. We see a push to the upside.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is in a permanent uptrend. The last months are bullish too.
Weekly: We see on the weekly timeframe a bullish momentum too.
Daily: The daily timeframe is ranging.
H4: We see on the h4 timeframe a strong support area where the market reacts beautifully to it. We see a push to the upside.
Have a nice day.