GBPAUD Heading to 2.0500 in Medium Term
The USD U-Shape bilateral curency band indicates for AUDUSD for bearish and supported by the bearish on AUD multilateral currency band and the U-Shape band indicates for GBPUSD for bullish and supported by the GBP multilateral currency band to indicate for bullish. At such, GBPAUD bullish and confirmed by both the GBP and AUD multilateral currency bands.
The bullish in medium term estimated to 2.0500. Long trade by intraday, weekly and monthly becomes most preferred until the GBPAUD 2.0500 to be reached. Adjustment may be made based on the final upper ceiling of GBPUSD and the final lower ceiling of AUDUSD.
The bullish in medium term estimated to 2.0500. Long trade by intraday, weekly and monthly becomes most preferred until the GBPAUD 2.0500 to be reached. Adjustment may be made based on the final upper ceiling of GBPUSD and the final lower ceiling of AUDUSD.
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