GBP / AUD is in an up trend.
Chart below:
Price has pulled back and found support off the red trend line shown in the chart below.
Chart below:
Price has now moved back up through the averages and I am looking for a long position as detailed below.
Levels and Chart below:
1st Entry: 1.5780
2nd Entry: 1.5760
Averaged Entry: 1.5770
Stop Loss: 1.5730
1st Target: 1.5970
2nd Target: 1.6140
I will update again should the trade be triggered.
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