Im a bear on this pair that has reached resistance on D1 and H4 is in weekly profit zone.

GBPAUD Daily

(1) Support and resistance (1.1) Price action resistance @ MR1 and support all the way down at MS1 which is the pivot point target. (2) Markets Markets are currently moving up 21/55 but with no distinct trend as yet. (3) Price (3.1) Price is still pointing up 5/8 Looking for reversal patterns on lower time frames. (3.2) Stochastic are currently at the overbought area

Wrong chart

Wrong chart

GBPAUD H1

(1) Support and Resistance (1.1) Price action resistance @ DM3 look at the double top Support is currently at WM4 confluence (2) Markets Markets are still in a bullish trend 21/55 (3)Price Price is taking a sideways direction 5/8 (3.2) Stochastic is coming into the overbought area.

GBPAUD H4

(1) Support and Resistance (1.1) Price action resistance @ WR1 @ which is the reversal area, look out for any sing of reversal patterns most likely a higher low better on lower time frames a double top on the H1 or lower time frames. Support is currently at WR1 (2) Markets Markets are still in a bullish trend 21/55 (3)Price Price is bullish 5/8 (3.2) Stochastic is coming into the overbought area.

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