GBPAUD possible sell area!!

Short

British Pound / Australian Dollar (OANDA:GBPAUD)

OANDA:GBPAUD British Pound / Australian Dollar

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GBPAUD ( 4H ) is in a long-term bearish trend. We have seen strong rejection from the monthly resistance. currently on the 4H price has just broken local support and heading towards the monthly support zone. As a trend continuation, GBPAUD is likely to drop further as the local support has been tested as resistance.

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