GBPAUD is retesting a very peculiar zone of confluence at the moment:
we see a perfect match between a horizontal structure resistance and a broken rising trend line.
I will expect a bearish movement from the underlined area at least to 1.7235
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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.