Thursday, May 09, 2024

GBPAUD standing at the support zone
1 mins well spent

GBPAUD Support Zone analysis

GBPAUD reached the support zone after few days. 

The market is in downtrend, but for this chart setup. We can expect a bounce back from this zone.

Retracement is possible from this support level of GBPAUD.

Let’s wait for the confirmation of reversal.

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