Hi everyone,

Please see attached GBPAUD 1H chart analysis.

As we can see on the chart the price has began to consolidate in a channel and as I have marked up there is over 80 pips distance between support and resistance which gives us a great opportunity to look at entering trades of support and resistance.

There is currently no trades available but add this to your watchlist and keep a close eye on it over the coming hours.

Any comments and likes would be much appreciated.

DWFX
Chart PatternsTechnical IndicatorsTrend Analysis

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