GBPAUD has broken a strong descending trendline indicating a potential bullish momentum ahead. As it has made a new high and currently retracing towards fib premium levels of 38-50%. We can look for buying opportunities at the confluence of fib and trendline retest.
FibonacciFibonacci RetracementForexGBPAUDlongsetupTrend AnalysisTrend LinesTrend Line Break

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