GBP/AUD SELL

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In the higher time frame I can see that the GBP/AUD broke the upward trend line (Blue trend line) that it followed since the beginning of the year. Indicating a trend line break out.

The price retested on the trend line and began to sell, which is an indication that a trend line break out took place.

I expect the GBP/AUD to sell, starting a new downtrend until it reaches the next key support area(TP), following the grey path line drawn.

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