英鎊/澳元
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GBPAUD formed a W pattern, Will it break Resistance this time ?

100
The weekly chart shows that it is forming the symmetrical triangle and now the price has moved to near the tip of the triangle for break out. According to the daily chart, there was one attempt of false break out as the price didnot consolidate before the break out and now the Price has consolidated to the neck of the W pattern and trend looks to be bullish ( above 0.5 % Fibonacci retrenchment and soon a breakout is possible on long side. Have a profitable trade.

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