rajenderam40

You might want to keep an eye on these this week!

FX:GBPAUD   British Pound/Australian Dollar
71 0 2
The rate has fallen back again to test the major rising trendline support.

I am looking for a bounce higher and a daily close above the last Friday's high at 2.0435 would work as an indication the rate is ready to resume higher.

Only a break below the 2016 low at 2.0170 would invalidate my overall bullish bias for the pair.
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