Greetings, traders! Welcome back to another market analysis.
The GBPAUDpair has been following a consolidation, with the price indicating signs of weakness. This breakout suggests the possibility of further down-movement. I intend to consider entering a position at higher prices following confirmation of the lower time frame during the next pull-back phase.
I have also a bearish Setup in this pair
-> shortterm I would want to see a greater pullback to short it
-> 1.85 possible longterm