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On the 4 hour chart, we see that the GBP/AUD pair may test the nearest liquidity pool at 1.7994. This condition is also confrimed by the fact that the pair is moving bellow the moving average but pay attention to the level 1.8128. If the price rises and closes above that level this scenario will be cancel.
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The material has been provided by InstaForex Company - www.instaforex.com