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GBP/AUD Signal - GBP Claimant Count Change - 23 Mar 2021

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Signal Details
Entry Price: 
1.7949
Take Profit: 
1.8040
Stop Loss: 
1.7900
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPAUD is trending to the upside today prior to the GBP Claimant Count Change, which shows the number of individuals claiming unemployment benefits in the UK. Technically the pair has broken to the upside of a descending channel, a bullish indication. We anticipate continued upside into the 1.8040 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.