GBPAUD: Classic Trend Following 🇬🇧🇦🇺

Updated
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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Check my new idea on OIL:
CRUDE OIL (WTI) Key Support Ahead! Your Plan: 🛢
Candlestick AnalysisFibonacciforecastforexmarketfxtradingGBPAUDpriceactionSupply and Demandswingtrading

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