GBPAUD longs

30 May

• Previous week showed us a lot of bullish momentum
  
• Price closed above a major weekly support level @1.9105
• Hence, more bullish momentum was expected this week, and we are getting that
  
• It retested a major daily region @1.9200 and formed a candlestick that closed above it.
  
• Price has retested that same level today and shown a lot of bullish momentum.
  
• I am waiting to buy. If I am to buy the pair, I will wait for price to test 1.9200 and form a bullish setup on smaller timeframes.
  
• My targets are: TP1 - 1.9260 and TP2 - 1.9290