Possible Butterfly pattern Daily chart

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British Pound/Australian Dollar (FX:GBPAUD)

FX:GBPAUD British Pound/Australian Dollar

The butterfly if it was to complete would be around the 1.94 or 1.95 area. The 161.b extension of the BC leg is approximately 1.9180, if it can push past this area then I would expect the butterfly to form. With the AUD fundamental weakness at the moment it is possible.

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