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AlkalineFX
Mar 7, 2021 7:28 AM

GBPAUD - Liquidity Wick Short

British Pound/Australian DollarFXCM

Description

After a strong bullish performance on GBPAUD, we encountered a wick spike to the upside caused by NFP, most likely wiping out the sellers who were fighting the exhaustion of the move. This could be the catalyst to create some downside momentum to fill some of the voids.
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