GBPAUD: Massive Breakout Confirmed
GBPAUD is remains under significant downward pressure.
This is due to the breach of a strong upward trend line on the 4-hour chart and a wide demand zone.
The broken structures have formed an expanding supply zone.
It is anticipated that the currency pair will continue to decline towards the next minor support level at 1.9440.
This is due to the breach of a strong upward trend line on the 4-hour chart and a wide demand zone.
The broken structures have formed an expanding supply zone.
It is anticipated that the currency pair will continue to decline towards the next minor support level at 1.9440.
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