GBPAUD UPDATE

Still very much expecting the move to the M formation neckline as projected in the previous multi timeframe analysis - we closed out our longs yesterday as price found resistance and secured small profits - now on the LTF the price has formed a beautiful wedge formation just above our key 4H demand zone this is a textbook market maker induction pattern, I am monitoring to see a bearish breakout to the low of the week where I will look for long entry confirmations