GBP/AUD

In short term, i expect that GBP/AUD will go downside. It is in consolidation right now. It is possible that we will see one more wave down, which could reach level of 1.61471.

In medium term, i expect that GBP/AUD will go upside. It is in correction structure of ABC pattern. To complete this pattern, we need to see C wave now which could reach level of 1.72 .