GBPAUD is trading just above the support level . At a point, a trendline , support and resistance of the channel pattern are crossing each other which will act as strong support for the GBPAUD . We might see some bounce back from point a of GBPAUD towards the resistance line so one can initiate a long position at point A for upside.
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Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
