News event for the day that could affect this trade
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. (AUD) RBA Interest Rate Decision, Rate Statement
. (GBP) Markit Manufacturing PMI

GBPAUD-1

GBPAUD Daily

GBPAUD is in daily uptrend and price is retracing back to role reversal area. I'd go into smaller TF and look for buying opportunity.

GBPAUD H4

On H4, I'd look for long entry somewhere around daily role reversal area in confluence with WM2 - Bulls buy zone for the week with profit target at WM4.

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