GBPAUD Analysis:
GBPAUD rebound from the horizontal support and the lower low area in the daily timeframe.
GBPAUD has reached the support area in the 1-hour timeframe.
After the confirmation of the Upward movement, GBPAUD Buy signal given.
GBPAUD Update:
GBPAUD has reached near to the lower low area of the descending channel and the recent horizontal support area in the daily timeframe chart which leads to the SL price. The complete retracement has made now on GBPAUD.
Let’s wait for the confirmation of reversal or breakout from this lower support level.
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