GBPAUD : COMEBACK OF GA?

15 Nov 2021

We have since seen the AUD draw down the pound over the last month, as price action tells us. GA recently got to the PA support and began to move to the upside, giving higher highs and higher lows. The market structure (Ascending pattern) has been breached on the lower time frames but we are patently waiting for the 4H candle close to get a bias as to whether the market will continue to head to the upside impulsively, or will retrace before heading up. Bullish on GA for the mean time.
Trade wisely.