GBPAUD: Classic Trend-Following 🇬🇧🇦🇺

snapshot

GBPAUD formed a double top trading within a peculiar confluence zone on an hourly time frame.
That zone is based on an intersection between a falling trend line and a horizontal supply area.

I believe that the pair may drop at least to 1.6939 level.

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australiandollarDouble Top or BottomElliott WaveGBPAUDpriceactionpriceactionanalysispriceactionstrategypriceactiontradingTrend Lines

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