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GBP-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.971 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GBP/AUD pair.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bullish PatternsbuyChart PatternsforecastForexGBPAUDLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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