GBPAUD: Top-Down Analysis & Bullish Setup 🇬🇧🇦🇺

Panjang

Paun British / Dolar Australia (OANDA:GBPAUD)

OANDA:GBPAUD Paun British / Dolar Australia

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GBPAUD is trading in a long - term bullish trend.
After the price set a new high, it started a correctional movement.
Bears are currently approaching a 4H intraday support.

The price action on an hourly time frame looks very bullish to me.
The price formed a double bottom pattern there and broke its neckline.

I expect a bullish continuation to 1.4746 / 1.9805

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