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GBPAUD 3 May 2023

GBPAUD 3 May 2023 on the H4 timeframe, it can be seen that the pair is rising since yesterday. Although still ranging within the kumo cloud on the Ichimoku indicator, it looks like this pair is experiencing a bullish trend. This is also reinforced by the stochastic and RSI indicators, where the pair has crossed the 50 level, also managed to break R1 to S1, therefore go-long can be an option for scalpers. Stay alert to market volatility and trade with your own risk.

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