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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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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Related publications
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.