GBPAUD Potential Bullish Movement

200
GBPAUD Potential Bullish Movement

we are waiting for a momentum candle close above 1.9730 to buy this one

Reason:
1- Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Support/Demand and Round Number from Daily 1.9500 (in purple)

Three confluences are enough to consider Buying GBPAUD, after a break below 1.9730 (in gray)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.