looking at GBP/AUD it looks like we could see a PUMP soon if market continues the climb within the current trendchannel andb reaks above the daily key-resistance-zone.
As always, this pair is very risky to trade as POUND is volatile due to Brexit-Talks.
Cross-Pairs are hard to predict due to the current Corona-Topic and its in the market.
If you want to buy this pair, wait for the break above the key-resistance-zone to get a confirmation.
DAILY-CHART showing a nice previous fake-out to the downside which is showing big players doing their business with stop-loss-fishing.
I personally don`t like to trade this pair and post this as inspiration for the GBP/AUD-Fans. :-)
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Peace and good trades
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