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GBPAUD: Key Level & Potential Pullback 🇬🇧 🇦🇺
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Hey traders,
GBPAUD is falling sharply.
The pair lost more than 4% of its value since January.
Ahead is a key level.
To catch a pullback from that watch a falling wedge pattern on 1h time frame.
Your trigger to buy will be its bullish breakout.
Then the price will most likely bounce to 1.86 level.
In case of a bearish breakout of a yellow zone,
the setup will be invalid and a further decline will be expected.
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