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QA: GBPAUD QUICK OVERVIEW DESCENDING TREND LEADING THE GAME.

 

 

 

GBPAUD thrived to break three-month-old descending trend structure and bringing the price range to beneath; the market failed to conquer the thrive.

The signals have the brighter chance for an extended downturn. Precisely, the market printing signals nearby 1.75029 extensions may drop the range to 1.7365-55 bear continuous sentiments fundamental magnetic whole number psychology follows 1.7200,1.7100 and 1.7000.

Meanwhile, after the breakout, the pair might trigger pair recovery setup, in that case, the fetch would 1.7645-50 if the bull built sentiments price will obtain the hike 1.7820-25. The zone around 1.8000 and the 1.170-80 will be a challenging position for buyers.

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07 Aug 2018 11:30 am Posted by tamilforex

 
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