GBPAUD - Bullish Continuation Toward 2.04040

580
GBPAUD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.

With momentum favoring the upside, the next logical target is 2.04040, aligning with the upper boundary of the ascending channel. As long as the price remains above the support level, the bullish bias stays intact.

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