Currently, GBP/AUD is trading at 1.9245. The pair started a new down trend on 4th may after rebounding back from its resistance level at 1.9515. The price is in down trend from 6th april and moving in support and resistance wedges. It may touch its support level at 1.8815, Which will be its first target.

Do follow us for future Forex updates.

Thank you,

Rishikesh Lilawat
PitchforksSupport and ResistanceTrend Analysis

Feragatname