GBP/AUD Technical Analysis

Bullish trend but resistance is reached
The price has reached historical sellers
Rejection below W H5
W H4 is possible target

Support order block
Historical sellers at order block
Low
Fresh sellers
Breakout

GBP/AUD has formed the 2-4 retracement which is called "The Valley". We should see a move down as today it's profit taking day. We can see historical sellers and the expectation is that the price should be moving down without move up. But only if the breakout line (blue line in the chart) is taken out. So below 1.8495 we should see a move down. The main target is W H4 1.8426. GBP/AUD is also showing the triple top resistance.