GBPAUD sell
I have held a short position in this pairing at 2.035 and continue to hold this as I believe a larger movement could happen.
Looking at the trend at the Week time frame, it is clear the pairing has reached a common point of resistance. This has also been reflected in the 1 day and 4 hour time frame. There has been a reversal downwards for a number of time frames to further solidify my analysis.
Looking at the trend at the Week time frame, it is clear the pairing has reached a common point of resistance. This has also been reflected in the 1 day and 4 hour time frame. There has been a reversal downwards for a number of time frames to further solidify my analysis.
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