GBPAUD: Classic Trend Following 🇬🇧🇦🇺

Long

British Pound / Australian Dollar (OANDA:GBPAUD)

Updated

OANDA:GBPAUD British Pound / Australian Dollar

Supply and Demand Fibonacci Candlestick Analysis GBPAUD priceaction swingtrading forexmarket fxtrading forecast

supplyanddemand fibonacci candlestick gbpaud priceaction swingtrading forexmarket fxtrading forecast

snapshot

GBPAUD is trading in a bullish trend.
The price has recently retraced to a key level.
The underlined blue structure zone matches perfectly with 618 retracement of the last bullish impulse leg.

I believe that from that zone we may expect a bullish rally at least to 1.875 level.

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