GBPAUD long
Here is why:
- There are several confluences.
- The 3 month, monthly and daily timeframe are bullish. The 1 week timeframe is a bit messy and hard to analyze.
- Yesterday we saw a rush of bullish momentum as stated in Monday's analysis
- My targets were 1.9605. However, price has not hit my target yet.
- I am currently expecting price to 1.9535 then head towards my target where I expect to buy. For now I am sitting on my hands.
- I expect the London session to form a bullish setup, which I am currently waiting for.
- There are several confluences.
- The 3 month, monthly and daily timeframe are bullish. The 1 week timeframe is a bit messy and hard to analyze.
- Yesterday we saw a rush of bullish momentum as stated in Monday's analysis
- My targets were 1.9605. However, price has not hit my target yet.
- I am currently expecting price to 1.9535 then head towards my target where I expect to buy. For now I am sitting on my hands.
- I expect the London session to form a bullish setup, which I am currently waiting for.
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