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KaydenCao
Dec 20, 2020 4:44 PM

GBPAUD 

British Pound/Australian DollarFXCM

Description

On the Daily frame, GBPAUD this past week had a rebound to the Weekly Support / Resistance area1.785 but was rejected and pushed back to 1.77.
Currently, GA is still in a mid-term downtrend so the main plan next week is to wait for the price to rebound to the Trendline,wait to appear signs of a reversal and set up a Short deal. In case of price breaking Trendline, wait for Retest and can set up a Long deal.
Gudluck🛸
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