GBPAUD - Potential Double Bottom

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As we can see GBPAUD seems to be in a sideways channel. The pair broke out of the trend line on the H4 chart and also created a double bottom indicating price may want to go higher. This idea can see resistance around the 1.78000 area.

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We are currently +400 pips in this trade if you took it!
Bullish PatternsChart PatternsDouble BottomGBPAUDhorizontalchannelLONGsidwaysTrend AnalysisWave Analysis

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