OANDA:GBPAUD   British Pound / Australian Dollar
GBPAUD is trading at a very crucial support zone . We might see some bounce back from the current level because of the price level at very near to the support zone level. One can initiate the trade at this price level for short term on long side with a stop loss just below the support zone . But once the support zone 1 breaks, we might see further downside towards the support zone 2. One can take advantage of this price level for trading as levels are very important for GBPAUD .

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