GBPAUD Support Reversal

GBPAUD some pretty decent chance on a trend reversal coming up...
All indicators suggest oversold and upward momentum soon. Critical point though is the reaching of the support level (marked red) which has been tested several times over the past days (and even weeks) and proves to be strong. So both the indicators and the price action suggests that there is some room for bulls in this market. Let's see where it takes us!

Trade geschlossen: Ziel wurde erreicht:

time to close up this trade... Went alright, didn't it? ;)