GBP/AUD:Double Top Formation Signals Potential Downward Breakout

The GBP/AUD currency pair has formed a double top pattern and is currently consolidating within a specific range. This consolidation suggests that the price might experience a significant downward breakout, aligning with the prevailing trend. Therefore, we are actively seeking a short trading opportunity

Trade active:

Following the confirmation of a double top pattern in the GBP/AUD currency pair, the price movement has been favorably aligned with our trading position. This development has heightened our expectations for a bearish continuation in the pair.