GBP/AUD - Wedge Breakout (Bullish Setup)

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GBP/AUD - Wedge Breakout (Bullish Setup)Great British Pound vs. Australian DollarFX:GBPAUDKABHI_TA_TRADINGGBP/AUD – M30 – Wedge Breakout Pattern / Bullish Setup GBP/AUD is showing a bullish wedge breakout after a prolonged decline, with price holding above the breakout area and attempting a retest. A sustained move above the breakout structure could open the path toward the marked resistance levels, while the support zone remains the key invalidation area. 🟒 1st Resistance : 1.8837 🟒 2nd Resistance : 1.8878 πŸ”΄ Support Zone : 1.8730 – 1.8750 πŸ“° Fundamentals and Live Headlines : 1. Australia’s weaker consumer confidence is a near-term AUD negative. 2. The RBA has two scheduled appearances today, keeping Australian monetary-policy commentary in focus. Disclaimer: This analysis is for educational purposes only. Support the idea πŸš€ Boost | πŸ’¬ Comment | πŸ” Share Best Regards, KABHI_TA_TRADING Thank you.