Hey traders,
GBPAUD reached a peculiar confluence zone.
We see a nice match between a resistance line of a major rising channel and a horizontal key structure.
As a confirmation, the price broke below a rising wedge on a 4H after a test of a confluence point.
Now I expect a bearish move to 1.811/1.806
If you missed entry, wait for a retest of a wedge's support.
Note
Check my new analysis on GBPJPY: 
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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 ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.