A pending buying opportunity on the GBP/AUD pair

The GBP/AUD pair has resumed its decline, reaching demand areas,

and continues its sideways movement on the daily timeframe.

We currently have several scenarios for the pair.

The first scenario is bullish, resulting from a breakout of the downtrend

and a close above the current demand areas, 

specifically a close above the 2.0593 levels.

At this point, a rise is expected, reaching the supply areas above once again.

The second scenario is bearish, resulting from a breakout of the current demand areas,

and a close below them with a daily candle, 

specifically a close below the 2.0390 levels.

Then the decline continues, reaching the next demand areas on the same timeframe.

In any case, the pair is currently pending.