GBPAUD - Likely to turn Bullish soon..

GBPAUD - mid 83XX likely to find support for some meaningful bounce..
Various time frames and especially angle on daily that if gets to play out could blossom into a pretty decent trade setups.
As for now; newer lows extending ideally 836X and a hold comes in tempted for long side on the pair.

i.imgur.com/mhzlWen.png
GBPAUD Daily - Lift off can find some decent room to run to the higher side. A break out of the channel to the higher side should spur bullish rally..

i.imgur.com/dO5yFYF.png
GBPAUD 8 - Newer minor lows looks buyable for some going up north.. There's still some room as per the daily to the downside; so newer lows tempted to long on it..

i.imgur.com/3oO8W7i.png
GBPAUD 4 hr

GBPAUD 836X looks decent. AS per daily the range to be is 8340-6X for long side..

Comment:

GBPAUD extended supp as low as 830X.. for the day .. to be safe 8290-830X comes in extended for the week

i.imgur.com/8zAwtLP.png
GBPAUD 8 hr - Updated.

Makes it 8350-60 patch initially zone with extended residing as low as 8290-8300 .. Incase this comes into play; would require a 4 or 8 hr close above 8360 to start getting comfortable on it..
Nevertheless; still a potential buy opportunity here..

Comment:

i.imgur.com/7khkkoP.png
GBPAUD Daily - Reaching Daily channel resis. A break could see massive short covering & a faster upswing on the pair.. Else we drag back lower... Ideally a break higher preferred...

Comment:

GBPAUD off 8 hr - Already posted resis likely on Friday's surge.. Nevertheless all eyes on the GBP; whether it falters off the resis as shown over the daily or its on for some more upside.. Upside would indicate a break on the GBPAUD coming as well..

i.imgur.com/6BX5yq1.png
GBPAUD 8 hr -

Comment:

We done initial break off the last updated chart..and well in accordance to it; we should ideally test the break point - see it holding the lvl and get back on to surging..
A little consolidation won't hurt; but fairly think we may be about to carry on the next leg higher on the pair...
A break back under to the break point and getting close under would imply this setup is likely to falter and we went back to where we started from..

i.imgur.com/h20uObI.png
GBPAUD 8 hr -

i.imgur.com/zBprRiH.png
GBPAUD 2 h - Supporting 8 hr view - drop and a bounce would work out best for the bulls - more like get to regroup before next assault higher...

Comment:

Clock Work Orange..

i.imgur.com/Z6GE62X.png
GBPAUD Now....