GBP/AUD is now under weekly trendline, also retested it and now there are 2 scenarios. Red one = Price stays below resistance and under trendline, we can expect more fall in price.
Green one = Price will break resistance, then we can expect price going back in weekly trendline and we can consider it as a fake breakout
audBeyond Technical AnalysisChart PatternsGBPGBPAUDresistencesupportTrend Analysis

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