Fxprotrader
Long

GBPAUD Buy Setup About To Complete

FX:GBPAUD   British Pound/Australian Dollar
202 0 16
Last week i posted about GBPAUD             that this down move is about to end (link in the chart). Looking at the chart we can see that after a sharp up move the market is now in a consolidation and most likely when this consolidation is over we should have another impulsive up move. This new impulse will break the wedge but we still should wait for a new correction before going long.
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