In the 1-hour timeframe, GBPAUD has formed an Inverse Head and shoulder pattern. The neckline of the inverse head and shoulder and the horizontal resistance has broken recently.
GBPAUD has broken the lower high (top) of the downtrend line in the 4-hour timeframe chart.
After the confirmation of upward movement, the GBPAUD Buy signal is given.
GBPAUD has made +630 points successfully (manual close). Due to the weekend, we want our users to close some of their trade position and protect their trade position by moving the stop loss price to the entry price for chasing further targets with ZERO risk.
Don’t trade all the time, trade forex only at the confirmed trade setups.
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