A little update on the analysis I gave for GBPAUD yesterday, things ended up playing out as I expected. Price retraced back to the H4 Significant Level and pushed away with bullish candle closures.
With this bullish structure, we have broken another Significant Level that could cause a bullish rally. Price seems to be retracing back to the level for the time being. But I'll make sure to set an alert to know when price is experiencing some bullish momentum away from the level of interest.
With this bullish structure, we have broken another Significant Level that could cause a bullish rally. Price seems to be retracing back to the level for the time being. But I'll make sure to set an alert to know when price is experiencing some bullish momentum away from the level of interest.
