TradeWize · free chart read
GBPAUD broke out of a falling wedge 40 bars ago and is retesting 1.88879 now. The retest has held so far. Below 1.88879 the break has failed.
What the read found
- Trend: a series of higher highs and higher lows over the window, 4 steps across 71 bars, still intact
- Formation: falling wedge — Broke above 1.88879 40 bars ago, came back to it 30 bars ago and is holding so far.
- Decides above: 1.89188 (resistance)
- Decides below: 1.88879 (the breakout)
- Resistance: 1.89188
- Resistance: 1.89250
- Support: 1.88837
- Level history: The last seven times price reached 1.89188 it held every time, bouncing 0.1% on average.
- Level history: The last two times price reached 1.89250 it held once, bouncing 0.2%.
- Level history: The last ten times price reached 1.88837 it held 6 times, bouncing 0.1% on average, and broke through once.
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Every figure on this page was computed from the real candles up to 2026-09-14. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns