GBPAUD Overview from high TF

GBPAUD was trading within a channel that it recently broke out of and now retracing back down. As we can see on the way down we broke a key order block which can now become a breaker block (resistance) as the price just tapped back into it. Right below we can see we have another key OB which the price can move down into. If we break back into the breaker block we can see the price moving higher, however if the resistance holds we can move into the lower OB marked.