philpoitier
Long

GBPUAUD CLASSIC SETUP FOR LONG TOWARDS 50% DAILLY FIB LEVEL

FX:GBPAUD   British Pound / Australian Dollar
The GBPAUD chart is in a classic long structure with tested levels and currently consolidating at the 38% daily level. 50% level should be reached in the upcoming months when the RSI has reached oversold levels. Buy towards the 50% daily level shown.
IMO looks to me like 4h shorts are accumulating around 1.8400 for a trip down. Value is down for 4h daily and weekly tfs. Good luck with the trade
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