GBPAUD bounced off support, potential for further rise!
Price is approaching our first support (horizontal swing low support, 100% Fibonacci extension) where a strong bounce to our major resistance (38.2% Fibonacci retracement) might occur. Stochastic is also approaching support and we might see a strong bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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