FX:GBPAUD   British Pound / Australian Dollar
53 0 1
We see a wedge with this pair, but with the more long term support, and the change in the head of the Reserve Bank of Australia, we could see a rise. If the pair breaks above the wedge , it has support, and will continue to run, maybe up to 2.0. If the pair goes below the wedge , then it will also have to go below the long term support, which means we are in for a drop of maybe 700 pips.
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