though many traders have already started buying gbpaud,
I believe that after a new higher high formation and test of the resistance of the rising channel
it may drop lower.
the first level on my radar is 1.91 support.
we have a perfect match of a structure on the left, 618 retracement of the last leg of a move and support of the rising channel.
this level gives a perfect swing trading opportunity for us.
we will see how it unfolds.
good luck!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.