GBPAUD made a nice 3 wave drop from 1.4340 level. Current correction can be limited. After the five wave impulsive wave structure, we may seen a finish wave IV matter that looks will complet, and points towards new lows. On that note a breach below the lower channel line would signal a bearish continuation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.