GBPAUD LongGreat British Pound vs. Australian DollarFX:GBPAUDLazyTrader88Hey traders! 👋 Here is a detailed breakdown of my long setup on GBPAUD (4-Hour Chart). After a clean Change of Character (CHOCH) to the upside, price has completed a pullback to mitigate fresh demand, setting up a high-probability bullish continuation. 🧠 Market Narrative & Context Structural Shift (CHOCH): Price broke its descending market structure with a clean Bull Break / CHOCH, confirming buyers have taken back control on the 4H timeframe. Demand Retest: We saw a sharp pullback into the newly created demand zone around 1.9120 – 1.9140, which acted as institutional support and triggered immediate buying pressure. Higher Timeframe Confluence: The Daily (D) and Monthly (M) trend dashboards remain firmly Bullish, providing macro backing for this long position. Trendline & Momentum: Price broke out of the local descending wedge and is holding above the breakout area. RSI is sitting comfortably above 50 (~55.16), confirming bullish momentum build-up. 🎯 Trade Execution & Targets Bias: Long / Bullish 🟢 Current Price / Entry: ~1.9158 (with initial execution around 1.9128 – 1.9140) Invalidation / Stop Loss: Below local demand & recent swing low (~1.9056) Primary Target (TP1): 1.9220 – 1.9240 (Recent high / local liquidity area) Final Target (TP2): 1.9360+ (Major HTF liquidity pool / Lazy Trader Mini CHOCH Supply) 💡 Trade Management Plan Focus on consistency over greed—bank weekly targets and manage risk like a business! Once price pushes toward 1.9230, I'll scale out partial profits and lock in my Stop Loss to breakeven, leaving the rest to run toward the upper structural target near 1.9360. 🧠💰 What’s your stance on GBPAUD? Are you holding longs into 1.9300+ or watching for a deeper pullback? Let me know in the comments below! Don't forget to Like, Comment, and Follow for more daily Smart Money Concepts (SMC) setups! 🚀 #GBPAUD #Forex #TradingView #SmartMoneyConcepts #ICT #TechnicalAnalysis #DayTrading #PriceAction #OrderBlock #FxTrading #ForexSignals