Lingrid

Lingrid | GBPAUD trend CONTINUATION

Short
FX:GBPAUD   British Pound / Australian Dollar
The price perfectly fulfilled my last idea. It hit the target zone.The market has dropped from the resistance zone, characterized by a series of lower lows and lower closes. GBPAUD broke through the significant level of 1.9000. Currently, the market is consolidating around this level, with a notable resemblance to its previous price action. Looking left we can notice that the market formed a range zone before taking out liquidity above the trend continuation, indicating a potential similar move. I expect the market may replicate this pattern, breaking above the previous week's high and subsequently initiating a bearish trend. My goal is the support the level at 1.88230


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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