KN_FXtrader
Long

GBPAUD TECHNICAL ANALYSIS

FX:GBPAUD   British Pound / Australian Dollar
The price is now retracing. The main trend is uptrend. So, as the price has tested twice the 50% fibonacci level an uptrend is possible. There is a strong resistance area at 1.9500-1.9460. If the price continue above this level we have the chance fo a long position as shown in the chart.
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