GBPAUD breaks the resistance of the descending channel and forms consolidation. The market is forming a support retest before the upward jerk. Most likely, there is still not enough liquidity for growth, although the pound sterling has been showing bullish dynamics lately.
Prerequisites for further growth: 1) Bearish channel resistance breakdown 2) A symmetrical triangle is being formed 3) Break of the triangle resistance will give a signal, the impulse will start. 4) Pound sterling is fundamentally stronger than the Aussie.
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