FX:GBPAUD   British Pound / Australian Dollar
From our point of view, GBPAUD is about to decline.
Reasons:
1 The market failed to break the former resistance level.
2 The market has managed to break the former support level which is now a resistance.
3 Gbpaud was at the third touch of the descending trend line.

Good luck!
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.