Hey traders,
As we earlier discussed, GBPAUD is following a major rising trend line and trades in a bullish trend.
Yesterday bears tested that and we saw a positive bullish reaction.
To catch the next bullish wave, follow a small falling wedge on 4H.
Its bullish breakout will be a nice confirmation to catch a swing move.
The first goal will be 1.81
Remember, in case of a bearish breakout of a major rising trend line, setup will be invalid.
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