OANDA:GBPAUD   British Pound / Australian Dollar
JULY 29TH UPDATE GBP AUD

From July 20th I pointed out a area for Shorts to be happened but it was violated and price have not stopped until our shaded blue zone.

Now July 29th, Price is approaching rapidly to our Defended level by the Bears. I prefer to see a Dueling Candle formation for the first rejection to enter Short.

I know the Fundamentals are good for UK, but in other to break thru a last battle need to be fight there.
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