FxGitman

GBPAUD. A strong demand zone is being approached for longs

Long
FX:GBPAUD   Livre sterling / Dollar australien
As the video illustrates, structure was broken to the upside to indicate that the pair has potential to go higher after it retraces and retests the support. There are many confirmations that backs this bias. This include a strong demand zone where price rose significantly and this area is also at the 0.50 fib retracement point, keep an eye!
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