GBPAUD Long Short-Term

We see a major resistance and supply zone. Then the currency closed the week above and retested the resistance zone making it into a support zone. After a small movement in the bullish direction, we can expect a pullback. If it retests the zone, then it would be a strong indication for a buy. Remember, patience is key, and do not buy off the probability that it will breakout but instead wait for the retest to further validate the decision.