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Hello,Friends!

The BB lower band is nearby so GBP/AUD is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 1.909.

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Note
We are seeing a good move already so we will keep the trade running!
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Bullish PatternsbuyChart PatternsforecastForexGBPAUDLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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