$GBPAUD (4H) – Bullish SetupBritish Pound vs Australian DollarPEPPERSTONE:GBPAUDumairtajGBPAUD has completed a corrective A-B-C-D style decline from the June swing high, and price is now showing early signs of a bullish reversal from a key demand zone. Structure Price rallied from the A low into the B high, then began an impulsive corrective leg toward C. The move into C was accompanied by bullish RSI divergence — price printed a lower low while RSI formed a higher low, signaling weakening downside momentum. This divergence lines up with the 0.618 Fibonacci retracement (1.90064), adding confluence to the reversal zone. Break Above Descending trendline Invalidation A confirmed break and close below the C swing low would invalidate this bullish divergence setup and suggest continuation of the broader downtrend.