
GBP/AUD
The British pound - Australian Dollar pair in the journey today, the pair to retreat to their monthly support around 1.5160, on this level of support, we can maintain a bullish position, but if the price drops below its minimum last year, change everything our perspective.
we can see in the chart that the pair has formed a double bottom. Therefore, we recommend to buy at these levels with a long term objective around the resistance formed at 1.6160 level.