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We had a strong rejection off the 61.8 on the daily. Price has been moving correctively for a while on daily creating a giant flag. We expect price to possibly move back to the top of this flag if it doesn't keep breaking down. If price breaks out of this flag, take it to the -61.8 fib extension long term for we expect GBP pairs to be bullish in 2020. Trade with care :)
We have a possible long opportunity coming with USDCAD. It has a Inverse Head and Shoulders pattern possibly forming on the daily chart. You can look for buys on lower time frame to ride it up or look for a break once price breaks the neckline.
There's a huge sell opportunity on GBPAUD. The move has already started, but there's 300+ more pips to go to the downside. If you're not already in from the top, I would wait for a correction before entering this trade.
This is a interesting pair because price right now is sitting in the sweet box. If price respects the 38.2 fib level then buy the breakout of trendline up. If price breaks down, look for it to go to the 61.8 before possibility going up to the fib extension. Watch price action at these levels for a potential buy.