TheSignalyst

GBPAUD waiting for confirmation to buy

Largo
FX:GBPAUD   Libra esterlina/Dólar australiano
on DAILY: GBPAUD is sitting around a support zone in green so we will be looking for objective buy setups on lower timeframes. (unless price breaks it downward aggressively)

on H1: GBPAUD we are waiting for a third swing to form around our upper red trendline to consider it valid and then enter on its break upward.

Meanwhile, GBPAUD would be overall bearish, until the buy setup is activated.

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