ashtogzuk

Trade Idea - GBP/AUD - Long

Long
FX:GBPAUD   British Pound / Australian Dollar
GBP/AUD (4HR) - As we can see the pair has been moving in an uptrend channel on the daily time frame, on the 4HR we have had a minor downtrend which could potentially break out, and continue moving to the upside. Strong bullish candle sticks tells us the buyers and starting to get in control, we will be looking for price to break out of our key areas and minor trend line before placing a trade.

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