As you can see, we complete the retracement of this recent upwards movement which looks like rising wedge or leading diagonal in elliott wave.
We stopped exactly at 61.8 fibonacci retracement.
I am now going to buy this pair aiming for the potential rally of this pair.
Buy GBPAUD 1.7750
Stop loss 1.7680
Take profit 1.7960 (3R)
Use only 1-2% risk
Good luck