WrightWayInvestments

GBPAUD - Potential Double Bottom

Long
FX:GBPAUD   Livre sterling / Dollar australien
As we can see GBPAUD seems to be in a sideways channel. The pair broke out of the trend line on the H4 chart and also created a double bottom indicating price may want to go higher. This idea can see resistance around the 1.78000 area.

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Commentaire:
We are currently +400 pips in this trade if you took it!

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