GBPAUD is testing dangerously its weekly bullish trendline around 1.79-1.80. The bullish trend has started in august 2017 with a lower at 1.61 and a recently top at 1.85. On a very long term view I remain bullish on the pair but a correction is highly probable to reach 1.76 then potentially 1.7150.
A short is insteresting only if the price goes below 1.7900.
A short is insteresting only if the price goes below 1.7900.