tarmmyy
Long

GBPAUD Double Bottom

FX:GBPAUD   British Pound/Australian Dollar
126 1 4
GBPAUD             appears to have double bottomed on the daily. Looking for longs once it's broken through.

All feedback welcome.
Price is a bit over 100pips from last bottom. I wouldn't classify this as a double when the last low hasn't been tested. I believe we're seeing a small retracement right now setting up for a bigger plunge. GBP is incredibally weak especially when it's paired against something much stronger like AUD
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