GBPAUD Daily Retracement

Price is in an uptrend on the weekly TF, and is making HHs and HLs.

We could possibly see a bounce off the bottom trend line which is confluent with the 61.8 fib retracement area and a continuation of the uptrend.

This move is invalidated by a clean break of the bottom TL followed by a breach of previous HL.

Long on a break of the retracement CTL.