GBPAUD: Great Fibonacci Long 🇎🇧 ðŸ‡Ķ🇚

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Hey traders,

Quite risky but sweet buying opportunity on GBPAUD.
Trading in a bullish trend the pair retraced to a strong structure.
The underlined yellow demand zone matches perfectly with 618 retracement of the last bullish impulse.

After a formation of a double bottom formation on hourly time frame, I decided to buy the pair.

Initial target - 1.9173

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australiandollarDouble Top or BottomFibonacciGBPAUDpoundsignalsignalprovidersignalssignalservicesignalsproviderSupport and Resistance

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