Lingrid | GBPAUD pullback Towards BEARISH Continuation

The price perfectly fulfilled my previous idea. It hit the target zone. GBPAUD is currently making lower lows, which indicates a prevailing bearish momentum. The recent price action shows that it broke and closed below the consolidation zone, further reinforcing the bearish outlook. Additionally, the price tested the resistance zone twice before breaking through, highlighting the significance of that level. Therefore, I expect the market to pull back toward the resistance zone before continuing its bearish movement. This pullback could provide a good opportunity for sellers to re-enter positions, anticipating further downward pressure. My goal is support zone around 1.94295

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