ew-forecast

GBPAUD Could Continue Higher

Long
FX:GBPAUD   British Pound / Australian Dollar
On 2h chart of GBPAUD we see a nice bullish pattern with five waves up from August low followed by a three wave set-back to 61.8% in wave 2 that might have found a bottom at 2.1094. We see nice upward impulsive reaction that can lift price towards 2.2000 area.


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