Lingrid | GBPAUD Short Trade After Resistance Rejection

Wait 5 sec.

Lingrid | GBPAUD Short Trade After Resistance Rejection British Pound/Australian DollarFX:GBPAUDLingrid💬 Structure: sustained movement inside descending channel → triangle breakdown → corrective pullback into former structure. Price is moving toward the mid-channel base near 1.9050, where supply previously stepped in. 📌 Key levels Resistance: 1.9040–1.9050 Support: 1.8945–1.8950 As long as price remains capped below 1.9060, continuation toward the lower channel boundary remains technically favored. A sustained recovery above this zone would weaken the immediate bearish pressure. Traders, if you like this idea, please leave your thoughts in the comments. I look forward to reading your ideas!