The GBP/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:


Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.9250.

Target Levels:
1st Resistance – 1.9333
2nd Resistance – 1.9380

Stop-Loss: To manage risk, place a stop-loss order below 1.9180. This helps limit potential losses if the price falls back unexpectedly.


Thank you.
Trade active
Comment
Trade closed manually:
As per our Rules, now sentiment Turns to Bullish so, it time to Close near to Entry or with Small Loss 🔊🔊
audbeyondtechnicalanalysisChart Patternsfundamental-analysisGBPGBPAUDgbpaudlongTechnical IndicatorsSupply ZonesupportandresistancezonesTrend Analysistrianglebreak
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