The pound is losing ground

Long

British Pound / Australian Dollar (OANDA:GBPAUD)

OANDA:GBPAUD British Pound / Australian Dollar

trendanalysis waveanalysis priceaction gbpaud usd eur gold

The pound is losing ground against the Australian dollar.
A correction is possible right now, but you shouldn't risk too much when opening long positions.
the main direction now is shorts.

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