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Ggbpjpy

GBPAUD Neutral BiasSince faield to retest the broken bullish trend to continue its dowside move and broke to the upside again ,here we can find a interesting multi timeframe channel that might provide a godo set up once the proper criteria is met until then my bias is neutral,in order to go long i would liek to see a break and close above the MP fib at 1.8600 but my favorite set up would be going short ince a lot xonfirmatiosn are lining up here for this and those are.. 1. MP 38% and 50% but to apply this confirmation i woulkd need a daily close below 1.8565 2.Ichimoku at the same area 3.Multi tiemframe TL Waiting for a reversal pattern or a daily close to have a 4th confirmation before deciding what to do
Short
by Forex_Society