GBPAUD broke below ascending trendline support! Further drop expected!

GBPAUD broke below ascending trendline support! Further drop expected!

22:06 2020-07-22 UTC--4

Trading Recommendation

Entry: 1.78812

Reason for Entry: 50% Fibonacci retracement

Take Profit: 1.76956

Reason for Take Profit: Recent graphical swing low

Stop Loss: 1.79299

Reason for Stop Loss: 61.8% Fibonacci retracement, Ascending trendline resistance, moving average resistance

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