GBPAUD is testing the confluence of the upside resistance
GBPAUD is testing the confluence of upside resistance 1.8200. A confirmed break above this level could lead to an upside reversal and a swing higher to 1.9000. If we get a rejection here we could see a downside wedge inside the consolidation wedge. GBPAUD seems to be basing and an upside reversal could come.
Note – look for the long trade on a confirmed break above the 1.8200
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