LONG GBP/AUD, IF*** there is a clear rejection at the current level, wich is on the 50% level of the fibonacci, on a key level and on a trendline. The market broke a key level and is now retesting it, wich should now act as resistance and it also broke a trendline dated from April 16th 2020 and is now retesting it aswell. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Chart PatternsGBPAUDkeylevelLONGTrend Analysis

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