GBPAUD is in an important zone...
Looking at the monthly chart you can easily find out that this area is of great importance for this pair. With recent better than expected data for pound and future rate cut expected by RBA, A breakout possibility cannot be ignored; But it may also retrace before breakout...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.