I am expecting higher, high points to form on GBPAUD since there's a small, uptrend on the lower timeframes. It has been bouncing up and down since the market opened this Sunday. On the daily timeframe, the full retracement from the previous, bullish trend hit the 88.6% level. It is currently rejecting the 78.6% level and some confluence areas.
تعليق
Price is still rejecting the 78.6% Fibonacci level from the daily timeframe that I have marked off.
تعليق
The trade was successful.
Trend Analysis

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