Looking at the picture above, GBPAUD has being battling for reversal since last week, and with the recent chart formation on the 4 hours time frame today, it is evident that there is a tangible breakout through the bullish trendline level at 1.8850. So far the price could be sustained above that point, i am sure that the bullish trend will continue for the rest of this week, and the initial target would be at 1.89602. If a sustainable break could be sustained at that initial target, the price should attempt higher to 1.90877 before 1/06/2016, and could be climbing higher and higher afterwards.
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