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GBPAUD: Top-Down Analysis & Bullish Setup 🇬🇧🇩đŸ‡ș

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Brittiska pund/Australiensiska dollar (OANDA:GBPAUD)  
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OANDA:GBPAUD   Brittiska pund/Australiensiska dollar
Support and Resistance Multiple Time Frame Analysis Double Top or Bottom GBPAUD pound australiandollar aud forecast signals priceaction priceactionanalysis Contains image
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supportandresistance mtfa doubletoporbottom gbpaud pound australiandollar aud forecast signals priceaction priceactionanalysis containsimage
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GBPAUD is trading in a long - term bullish trend.
After the price set a new high, it started a correctional movement.
Bears are currently approaching a 4H intraday support.

The price action on an hourly time frame looks very bullish to me.
The price formed a double bottom pattern there and broke its neckline.

I expect a bullish continuation to 1.4746 / 1.9805

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