GBPAUD Still Look Fore More Downside

Similarly, we can see the strong bearish move on GBPAUD from the top of the ascending structure.

From the double tops, smaller ascending channel, price reversed down impulsively like I pointed out from the previous outlook.

Now that price has broken out impulsively, there's likelihood of further continuations

What we can wait for is price to form a bigger consolidation structure, and continue the downside move to previous lows.

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