After a strong bullish performance on GBPAUD, we encountered a wick spike to the upside caused by NFP, most likely wiping out the sellers who were fighting the exhaustion of the move. This could be the catalyst to create some downside momentum to fill some of the voids.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.