GBPAUD M5 Bearish Rectangle

According to the chart of M5, GBPAUD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0116 - 0.0000 and support 2.0100 – 2.0100. In case the resistance level 2.0100 - 2.0100 is broken, the instrument is likely to follow the bearish trend.