GBPAUD approaching support, potential bounce!

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GBPAUD is approaching our first support at 1.7825 (horizontal overlap support , 23.6% fiboancci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 1.8145 (horizontal swing high resistance , 61.8% fibonacci retracement).
Ichimoku cloud is in line with our bullish bias as well.
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Losses can exceed the initial investment so please ensure you fully understand the risks

Feragatname

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