GBPAUD tested the psychological level at 1.92000.
The market is just consolidating between support and resistance.
Price action made a false breakout of the resistance at 1.92000 and 50% fibo level, which is a shallow higher high, meaning bulls are running out of steam.
We expect a bearish move and a retest of the support level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is just consolidating between support and resistance.
Price action made a false breakout of the resistance at 1.92000 and 50% fibo level, which is a shallow higher high, meaning bulls are running out of steam.
We expect a bearish move and a retest of the support level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
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