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GBP/AUD

GBP/AUD

Thomas Long, Course Instructor

This pair hasn't been this low since 1985. That is about as good as it gets when looking for confirmation of a downtrend. In a downtrend, we want to look for selling opportunities and I would continue to do that as long as this pair remains below the March 4th buy side high of 1.67657 as noted on this chart.
 

gbpaud 030910

 

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