Harvard-of-Forex

Breakout imminent - which way is the question

OANDA:GBPAUD   British Pound / Australian Dollar
breakout imminent, suggest long. strong consolidation over the last month.

I went back a few years and it appears cyclical where prices GBP/AUD starts to rally over the month of August each year. suggest price will continue annual cycle and start to rally from here once breakout is confirmed.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.