EURGBP Up, GBPAUD Dn.

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EURGBP Up, GBPAUD Dn.

Confluence and correlation.

GBPAUD Dn Analysis -

Looks like a Double Top.
Some price squeeze as well.

Sellers might be piling up in this zone.

Similar inverse analysis for EURGBP Up.
Note
GBPJPY joins the short party.
Note
GBPCHF joins the short party.
Beyond Technical Analysis

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