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FOREX Chart Of The Day: GBPAUD Trade Breakdown

#GBPAUD is high on our watchlist for a reversal this week but why?
The strength and weakness table showed the Australian Dollar to be overbought and the Great British Pound to be oversold. This highlights a divergence in the currencies. This usually leads to a reversal of the current trend, GBPAUD is currently in a down trend so we should expect a pullback  in the trend or a reversal.
 
Watch the video to learn more…
 


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