GBPAUD - Potential Double Bottom

As we can see GBPAUD seems to be in a sideways channel. The pair broke out of the trend line on the H4 chart and also created a double bottom indicating price may want to go higher. This idea can see resistance around the 1.78000 area.

If you would like to see updates on this idea and many more please follow and hit the like button for more!

הערה:

We are currently +400 pips in this trade if you took it!