FX:GBPAUD   British Pound / Australian Dollar
GBPAUD Long Idea

Price action has been bullish since mid July so we will stick with the trend until we see Higher Lows being broken on the larger time-frame trends

Current price action has swiftly broken through key resistance last week due to positive gbp news so we will look to enter on a retest of that resistance now turned support which will also line up with the 38.2% 4hour fib level

Our target will be the monthly resistance around 1.87250 followed by our target at the -27% fib level around 1.885
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