This is an update to the last analysis I posted yesterday about GBP/AUD. The bullish momentum showed up a little late but its finally here and the move to the upside seems more and more certain now with price creating multiple rejections on the support area. It doesnt seem that price will break 1.74000 any time soon so I believe we should take this opportunity to go long and hope for the best. I will also be publishing another update to this pair once price hits our target (1.76150) so we could get back in this trade and capitalize even more!
That's my analysis for GBP/AUD and I hope you like it, I will see you on the next one!
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