GBPAUD: Important Decision Ahead 🇬🇧🇦🇺

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Hey traders,

GBPAUD is approaching a solid rising trend line on a daily time frame.
Depending on the reaction of the price to that, I see 2 potential scenarios:

If the price breaks and closes below that,
I will expect a bearish continuation to 1.731 level.

If bulls violate a resistance line of a tiny rising wedge pattern and close above that,
I will expect a bullish movement at least to 1.765

I believe that probabilities are on a bullish side.
However, let's see what will happen!

What do you expect?

❤️If you have any questions, please, ask me in the comment section.
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٢٠ يوليو ٢٠٢٢

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