So Gbp Aud just passed through that significant down trend and it is heading up, it wouldn't surprise me a re-test of the previous trendline but overall I think it is going up.
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And there it goes, if that candle closes above that trendline it will be a strong confirmation of the bullish intention of this pair, what is concerning me a little is that I don't feel its movement with confidence, it is hesitating and struggling a little... and being GbpAud... that's weird. We'll see what happens
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Although this is what I call a "late entry" the truth is that there are still 90 pips until the next big resistance, so... it's up to you.
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Well look at that, the bullish tendency formed an uptrend line. I think I'm about to exit this trade, not sure yet, it depends of its behavior in the Tokyo session.
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Well as I previously said: I was about to exit this trade, and it happened because my Stop Loss in profit was reached due to the enormous news for Gbp this morning. But hey that was a 272 pips journey.