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GBPAUD - H4

In GBPAUD currency, the price has temporarily got rid of the downtrend by hitting the support range of 1.7916. This support range has been able to withstand a fall in prices four times in a short period of time. On the other side of the analysis, we see a 5-month resistance line. From this price can move to this line. We expect the price to move to 1.8448 in phase 1. At this price, it can decide to continue the uptrend towards 1.95 with a decrease to 1.7916.



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