GBP/AUD – 4H AnalysisBritish Pound / Australian DollarCAPITALCOM:GBPAUDAvo-TradesGBP/AUD – 4H Analysis Current price: ~1.90970 Key support: 1.90681 Next support: 1.89935 Major downside target: 1.88016 Final support: 1.86871 The price is currently sitting just above 1.90681, while the descending green trendline is putting pressure from above. At the same time, your rising red trendline is approaching the price from below. 🔴 If 1.90681 breaks with a confirmed 4H candle close below it, I would expect the bullish structure to weaken significantly. The potential path would then be: 1.90681 🔻 → 1.89935 → 1.88016 → 1.86871 The important part is not to treat a simple wick below 1.90681 as confirmation. I would want a solid 4H close below the zone, preferably followed by a failed retest of 1.90681 from underneath. If that happens, your projected move toward 1.88016 and potentially 1.86871 becomes much more technically valid. On the other hand, if 1.90681 holds, the bearish scenario is not confirmed and GBP/AUD could continue ranging or attempt another move higher. In short: 1.90681 = the line in the sand. Break + 4H confirmation below it → downside scenario activates. 📉 — Avo.Trades