GBPAUD is sitting on monthly resistance as well 50ema on 4hr TF. Ovarall trend is bullish. Price is ranging in a triangle now.
option 1 - buy now
option 2 - buy now if and when triangle breaks add to positions.
option 3 - Buy at the break/ break and close of the triangle.
Im going long now and would add on break of triangle
Projected target 1.91950 January 2014 Resistance im expecting a rejection here.