With BoE minutes/ RBA Speech/ Australia CPI coming out, should ensue.
USD weakness has caused both GBP and AUD to be at elevated levels. Feels AUD more so after better than expected China GDP, IP , etc. numbers.
AUDUSD has been in consolidation since start of the month, whilst GBPUSD looks more likely to look for a retracement after the swift fall.
as above also showed a pattern on the GBPAUD pair (credits to EagleTrades - link below)
Both 100 and 200 DMA are trending upwards
SL right below 200 DMA which coincides with previous high in August (1.81866)
TP1/2 at 1.8600/80 respectively