Possible Trade on GBPAUD (Long). Swing

FX_IDC:GBPAUD   British Pound / Australian Dollar
Possible long at 1.96

Confluences at:

0.618 Fib and 50-60 EMA daily
1.96 Daily Support + Support daily long term down sloping trendline.
Stochastic RSI = Oversold

Wednesday Sympathy play with NZD Interest rate meeting catalyst (Expected CUT).
We could see deceleration through
Wednesday and then bounce. Wait for deceleration and price action pattern.


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