Daily wedge resistance reached, potential decent down to inside resistance.
As you can tell my bias has changed on GBPAUD simply because it did not respect the counter trend line like I had expected it to. Now, we're waiting for a break and a retest of the thick black supporting trendline to see out 1:3.5 R/R Short entry.
Depending on how this unfolds we could potentially see a huge swing move to the upside. Essentially a break and retest of one of 2 zones, resisting trend line or monthly resistance. I am unsure what is happening fundamentally but this move may not happen at all. After minor top down (basically may have missed something) I can see this moving roughly 8-900 pips up...