GBP/AUD
After a wave of downwards movement for more than nine days, the British pound - Australian dollar pair takes a brief rest, apparently in order to gather strength before the beginning of a new change in trend or potential technical rebound. The second line of the monthly support served as a barrier to the sharp decline that came to the 1.5480 level.
Logout above this line, in the 1.5480 will confirm that it is not nothing but support the reversal and the beginning of a new upward sequence.It is estimated that upward sequence pushed the pair to the 1.5980 resistance level in the short term.
