Lingrid | GBPAUD potential CHANNEL Breakout. Short
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The price perfectly fulfilled my last idea. The market has fallen out of the main resistance zone, and the 
GBPAUD is currently trading around the psychologica level of 1.9200. Furthermore, a head and shoulders pattern is emerging, indicating that the market may be poised for a downward move. Given that the market previously consolidated between 1.8900 and 1.9300, I believe it may be headed to test support levels once again. I'm expecting a channel breakout followed by a bearish move towards the next round number at 1.9000. My goal is to support level at 1.90390
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
GBPAUD is currently trading around the psychologica level of 1.9200. Furthermore, a head and shoulders pattern is emerging, indicating that the market may be poised for a downward move. Given that the market previously consolidated between 1.8900 and 1.9300, I believe it may be headed to test support levels once again. I'm expecting a channel breakout followed by a bearish move towards the next round number at 1.9000. My goal is to support level at 1.90390Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
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