GBPAUD is trading in a descending triangle pattern. It is trading at the support level of the pattern. We might see a bounce back in GBPAUD price from the current level towards the resistance of the descending triangle pattern. Keep the stop loss just below the support of the descending triangle pattern.

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Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.