GBPAUD has given a breakout from long formed descending channel pattern on the upside. According to chart pattern analysis, we might see consolidation to upside movement in GBPAUD. Trade can be initiated with proper risk management and stop loss for the long side for a short period.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.