GBP/AUD LONG TERM SETUP

Hello traders, this is Kenmi.
I'd like to share some insights on GBPAUD, where we are currently observing strong bullish potential.

1D Timeframe - Bullish

Forming higher highs (HH) and higher lows (HL)
IDM (Inducement) successfully swept
Decisional OB (Order Block) mitigated

1H Timeframe - Bullish

Transitioned from a bearish market structure to a bullish one
IDM was taken out, although it was not necessary
Filled the decisional OB
Successfully mitigated extreme OB

5MIN - Bullish

Shifted the market structure from bearish to bullish
IDM has been taken out
Focused solely on mitigating extreme OB

This revised version provides a clearer and more concise presentation of the key points for traders to understand the bullish momentum on GBPAUD across different timeframes.

SAFER STOP LOSS LEVEL:1.94136

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