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GBPAUD New Year Long Term Position Target 1.87330

Long
FX:GBPAUD   British Pound / Australian Dollar
As we can see GBPAUD sharply climbing upper side gradually. We see It's climbing with an uptrend channel. GBPAUD may slightly pullback downside as for correction at this level 1.77180 and then we may expect a Bull run as a destination of at this level 1.87330 if It could break the middle support 1.83430. We know that new year is coming and the market can react to something that we never predict as for the previous history but Technical Analyses tell us many things as a Trader I can definitely say it. So, for me, I'll take a long position at 1.77180 level with two Take Profit 1st Take Profit level at 1.83430 2nd Take Profit at 1.87330 and Stop Level will be 1.73410.
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