GBPAUD- Weekly Overview

D1 (HTF) Analysis
GBPAUD is currently stuck between two daily structures. It has recently attempted to cross the D1 channel line @ 1.80200 but failed. This rejection could probably just be a 200MA end of day short term bounce.

Lower Time Frame Analysis

1HR TF Analysis
There is tweezer bottom which is signaling a push upwards

30Min TF Analysis
The current stalling of price on the 30min TF can be a suggestion of price gathering momentum to attempt to push further up and retest the 1.8100 area.

GBPAUD Weekly Overall Bias📊

Short Term 🟢
Long- buy up to 1.81000

Long Term 🔴
Short -Safe sells can be validated if price fails to cross 1.81000.The target TP area will be around 1.78000 area

Patience & caution should be exercised while monitoring LTF candlestick patterns before validation of these 2 trade ideas.

Trade with Caution & Good Luck