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British Pound / Australian Dollar
Long
Updated

GBP/AUD: Pound Surge to 2.066?

122
GBPAUD is forming a bullish reversal on the 4-hour chart, testing support at 2.05037 with a buy trigger between 2.05037-2.05115. Target 2.066 aligns with the next resistance level, offering a solid risk-reward setup. Set a stop loss at 2.0493 below the recent low. Watch GBP strength and AUD data for catalysts. Trade with precision!
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Note
Position now to preserve capital. The current setup indicates heightened risk. For those who prefer to hold, manage it cautiously with tight risk controls, as volatility remains elevated. Share your strategy below!

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