The bullish structure could weaken

    the H4 chart of gbpaud 2018 feb 20

    The market has paused around current level but for the upside,  there is a strong resistance level of 1.7830 that made with the 62% retracement of the entire five-wave decline from Feb08 16:00 high to Feb13 04:00 low and the APP 100% of the potential wave W.

    Signs of reversing at this area would take the pair significantly lower.