GBP/AUD reversed from support zone

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  • GBP/AUD reversed from support zone
  • Next buy target 1.8280

GBP/AUD recently reversed up from the support zone lying between the key support level 1.7960 (former strong resistance from December and February), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous sharp upward impulse from the January. GBP/AUD is expected to rise further toward the next buy target at the next resistance level 1.8280.

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