Interesting opportunity to open short position on GBPAUD. On H4 chart we can see bearish trend and test of resistance in 2.05 area after a small correction. In this place there is also a reaction of bears in form of Pin Bar.
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H1 chart shows that bullish correction was quite big comparing to the others. Below resistance we can see also double top pattern and breaking of correction line. It seems like decreases to last low’s area is quite probable.