FX:GBPAUD British Pound/Australian Dollar
38.2 Fib of the long wave, trend line and channel support. Possibility for a move to the upside around the channel resistance level.
Well, first these are not necessarily my positions, they are just ideas. Secondly, GBP/AUD and GBP/NZD are two independent currency pairs with different behaviors. If one is going down, it does not necessarily mean the other one will go down too. For example, right now if you look at GBP/CHF is trending down, but GBP/AUD is trending up.