FX:GBPAUD British Pound/Australian Dollar
The GBPAUD is a good trend continuation opportunity as we can see two previous support levels which should now become resistance. Price action completes it's retracement back up to structure with an along with a 127.2 up at that same level. A more conservative entry will be to wait and see if the market gives us a or a LLLC. Target one would be a retest of structure at the A leg and for potential second targets looking for the market to extend lower.