GBPAUD Wave Analysis
2020-01-27 02:58:32
GBPAUD is currently in a correction after the last 900 pips fall. Price sits at the 61% Fibonacci level, but has not yet rejected the level.
To participate in the next fall with over 1000 pips you have to be patient. Price could make one last push to the upside before finishing wave B.
We will look for some nice significant price action and a trend change of the lower timeframe before entering a trade.
AUD will be strong this year and GBP is not yet finished correction yet.