GBPAUD

GBPAUD after a retracement has a potentially bullish trend breakout. In my analysis, I have identified a support zone between the 38% and 50% Fibonacci levels, which the price has breached, generating a fake low. After the price has returned above the support zone, it could push upwards to touch the previous highs.

Let me know your thoughts in the comments.

Happy trading and have a great day.