Under 1.7135 the GBP/AUD must be assumed to be in a down trend though the construction looks mildly BULLISH over the short term with the price moving away from 1.6000. Price currently sits directly at the 200sma on H1 so a confirmed move either side of this level may set the immediate direction.
Trading idea
BUY at 1.6082
SELL at 1.6308
Look to sell down to 1.6082 or to buy up to 1.6308 from current levels (1.6184)
Trading idea
BUY at 1.6082
SELL at 1.6308
Look to sell down to 1.6082 or to buy up to 1.6308 from current levels (1.6184)
