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Trading Idea - GBP/AUD, 03-08-2021
Trading Signal: GBPAUD
| Order | Buy |
| Direction | Bullish |
| Pattern | Fibonacci Resistance Test |
| Interval | 1 hour |
| Length (Candles) | 5 |
Idea Summary
The short term GBPAUD forecast is bullish. The GBPAUD price is trading with upward bias after breaching the Fibonacci 38.2 resistance level. Most likely the price will continue to climb while there is a small likelihood the price may reverse and decline to test the Fibonacci 38.2 level again
Note:
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