A potential upward move is expected, presenting a buying opportunity

The GBP/AUD pair is currently moving sideways on the hourly timeframe.

This follows the recent sharp decline we anticipated.

Currently, the price action suggests strong consolidation, 

which could push the pair upwards in a short-term corrective move.

This is expected before the pair resumes its downward trend.

Expected Targets

If the pair breaks through the current supply zone, 

which represents the upper limit of the sideways movement, 

and closes above it, we anticipate the pair will continue its upward movement

 towards the targets at 2.0250 and 2.0310.

This analysis will be invalidated if the support levels

 are broken and the decline continues.