GBPAUD Weekly Outlook

FX:GBPAUD   British Pound / Australian Dollar
47 0
GBPAUD has broken up through a resistance level .

We will wait for pullbacks to that level and buy signal to confirm that the level is acting as new support.
Oct 07
Comment: It has gapped away from the mean so this could be a false breakout, in which case we will be looking for sell opportunities once price has broken back down below the resistance level.
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