GBPAUD is in a corrective structure which will come to an end if price break the key level which acts as resistance to this structure. If we see a breakout we should also see a new correction before price starts its rally. This correction will start when price completes a cypher or/and a bearish crab pattern. These patterns may push price lower to retest the broken level before we have a new move up.
Stoploss and profit targets as shown at the chart.
Stoploss and profit targets as shown at the chart.
