Eymen-GUVEN

GBPAUD: Anticipating Channel Retest and Upside Movement

Long
OANDA:GBPAUD   British Pound / Australian Dollar
Greetings Traders,

Based on the chart above, an intriguing opportunity emerges in the GBPAUD pair. The analysis points toward a potential retest of the channel's side at 1.9800, with a subsequent upward movement targeting 2.04.

To ensure prudent risk management, consider setting your stop loss at 1.9400.

Best regards,
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