The price perfectly fulfilled my last idea. The market has fallen out of the main resistance zone, and the GBPAUD is currently trading around the psychologica level of 1.9200. Furthermore, a head and shoulders pattern is emerging, indicating that the market may be poised for a downward move. Given that the market previously consolidated between 1.8900 and 1.9300, I believe it may be headed to test support levels once again. I'm expecting a channel breakout followed by a bearish move towards the next round number at 1.9000. My goal is to support level at 1.90390

Lingrid | GBPAUD double TOP at RESISTANCE zone. Short


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻
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