GBPAUD should go long but...

GBPAUD is in a short-term correction with a target around 1.7680-1.7640. The logic tells us to expect a rebound in this area to reach 1.80. However, it would not be a surprise to see a bigger decrease if prices were seen below 1.7600. In this case we could reach 1.74 then 1.72.
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Transaction en cours:

Entry: 1.7650
TP: 1.80
SL: 1.7570