GBPAUD Moving Sideways...Retesting Resistance Level!!!
GBPAUD has yet to show us any breakout strength. I am expecting price to retest 1.7964 resistance level and clean rejection there will give us a great short opportunity. As we can see, GBPAUD has been consolidating within this support and resistance level for sometime. If price breaks below my moving average lines, we can expect a great BEARISH movement to the downside. With that, I will be eyeing the support level @1.7560.
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