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charlieforexx

GBPAUD - Possible downside breakout

Short
British Pound / Australian Dollar (FX:GBPAUD)  
charlieforexx  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
This will most likely be a long term holding for myself, perhaps up to a couple of weeks.

We can see a strong ascending channel was formed which lasted just under 3 months. Now this has been broken I see a fall to the strong support zone.
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