GBP/AUD For Week Ahead


There we have a GBP/AUD Daily Chart.

We can see that price bounced from 1.74300 support and slowly going to the upside. The market Structure looks clear. 

If the price will reach a descending trendline we can expect a bearish leg into 1.74300 again and lower to make a new Lower Low.

If the price will break descending trendline to the upside wee can see the price hit a strong psychological 1.8000 resistance.