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British Pound / Australian Dollar
Long

Don't skip the beat in GBPAUD

By rubal_ahuja
Updated
GBPAUD is trading in an ascending parallel channel. The currency pair has found a floor at lower trendline of the channel near 1.7850. it has rebounded from this level towards north to test the upper boundary of the channel at 1.83677, a target for my trade idea. On the dowside, limit your losses with SL at 1.7793, slightly lower than the lower boundary of the channel.
GBPAUD
Trade active
upside target achieved. Now wait for selling within the channel.
Chart PatternsGBPGBPAUDLONGTrend Analysis
rubal_ahuja

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