GBPAUD: Bearish Setup Explained 🇬🇧🇦🇺

https://www.tradingview.com/x/RJiPHGIg/

GBPAUD looks quite overbought to me.

We see a clear sign of strength of the sellers with a breakout of
a neckline of a double top formation and a violation of a support line of a rising wedge.

I expect a retracement to 1.92445

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