Looking at the start of the week for a pull back as we where at a significant level of resistance. We have now seen that and bought of the level of support now price looking at possibly taking out previous highs, if we can get a clean break of resistance this pair can gain s
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GBP/AUD has been in a strong downtrend on the longer-term charts but has found a base at critical support structure.
The price can be expected to hold and turn higher.
Price action is bullish and a bullish case is on the cards judging by the currency price action.
Both GBP and the Aussie have pick
As we see another bearish divergence Pattern form on the chart, we can suspect that price will drop to at least the same support as the last one shown on the chart. Watch price action on 4 hour chart to determine if price will continue to break down or retrace again from th