Entry Analysis on GBPAUD - ready for a run higher

2019-11-29 06:58:24

The GBPAUD is poised and ready for a run higher as buyers stack up to support the 1.9056 zone. Watch for a wash and retest of the 1.9085 zone for the Shoulder buy Entry setup. If further news out on trade is negative, we expect the Aussis to continue the grind lower while the Pound is supported by a positive Brexit tone.

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