FX:GBPAUD   British Pound / Australian Dollar
Hi, here are my reasons to go long on GBPAUD:
The chart has broken a support line
The trend has an upward potential due to previous shadows to high
you can see higher highs and higher lows
I think we can see a push higher after the retracement which is happening
With an excellent risk to reward ratio, we might be able to make a profit.
The trend has broken the 0.618 Fibonacci. My next target is on 0.786
We are right now higher than 8 and 14 EMAs.
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