GBPAUD Possible Long Setup H1

On this pair, we have a market that is in conflict between two zones, one of supply and one of demand. According to my strategy, both zones are valid for the search for long or short scenarios. At the moment, the market has created a bullish setup that I have highlighted in yellow in the 1.86 zone. The objective will be to wait for the price to reach that zone and then aim for a long position with a target of 1.875.

Let me know what you think.

Happy trading to everyone.

Forex48 Trading Academy