Hi everyone,
Please see attached GBPAUD 1H chart analysis.
As we can see on the chart the price has began to consolidate in a channel and as I have marked up there is over 80 pips distance between support and resistance which gives us a great opportunity to look at entering trades of support and resistance.
There is currently no trades available but add this to your watchlist and keep a close eye on it over the coming hours.
Any comments and likes would be much appreciated.
DWFX