#gbpaud

For those interested in forex trading

#Australian_pound🇬🇧/🇦🇺 Wave visualization of the currency pair within the 4-hour time frame

✨Imminent breakout.⚡️

Data:

- An upward impulse wave is numbered (1)/(A). 📈

- A downward corrective wave in the form of a double zigzag representing wave (2)/(B). 🔽

- The correction has ideally retreated to 61.8% of the previous wave. 📉

Expectations:

- Small upward impulse waves are formed in the short term to end wave 1 to build the base of wave (3)/(C)

- Wave 3 is strong to push wave (C)/(3) to break through the price channel and form a new peak. 🚀

- Forming impulse waves from this area is crucial to maintaining the bullish scenario. 🔝

- The ideal target for the bullish wave if the scenario is realized is 2.08399. 🎯

⚠️ Closing below the corrective price channel will weaken the chances of the bullish scenario