We have a corrective flag pattern on GbpAud on the 1H chart.Take risk entry or wait for Impulsive breakout.
After a strong impulse to the upside i am expecting price to correct too the downside...
Yen crosses are closely correlated to DXY!!!
GbpAud seems to be moving in a channel will look for price action at the bottom which should give good Risk:Reward
Price seems to be trading in a rising broadening wedge and has given us an impulse which could be early signs of the dollar losing strength...
Price broke out of corrective channel at structure and retested it looking to go long from here!!!
Rising Wedge at Structure after bearish impulse!! Expecting more downside to the pair!!!