On the GBPAUD daily chart, we can see that the pair is testing the strong resistance rising trendline 1.7500 level which was briefly broken to the downside and now we can see a pullback retest. This pullback could be used for the short trade entries. It is advisable to wait for a daily close in this case or an intraday price action.
Note: Look for the price action here for the short trade entries with the stop loss above the 1,7600 level.
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