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The pair has recovered above the 1.80 mark, after falling below the level last week; however, most likely the Pound will retreat below the major level once again. A distinct majority of the technical indicators are also pointing to the downside, thus that could encourage the pair's bears even more. Nonetheless, at the same time the SWFX market participants are bullish on GBP/AUD as 63.71% of them have opened a long positions.
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