GBP/AUD Trading Analysis (15/02/2024)

The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone.

Trading analysis:

Buy at the breach of 1.9395.

Stop-Loss at 1.9328.

Target price levels at 1.9480 and 1.9520.

#gbpaud #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor