FX:GBPAUD British Pound / Australian Dollar
Short & Simple mark-up for GBPAUD. Hoping to see this fall bearish to at least 1.85000. My initial target is set to 1.80000 and second target reaching 1.76000 overall on the monthly perspective. However, things may change drastically due to fundamentals and some restrictions of COVID being lifted in the UK. If this goes bullish, I’m hoping for this to be after the 1.86-1.85000 level. So will be watching carefully when this region is reached. Overall, looking for a bearish drop after the support level is reached.