GBP/AUD breaks 1.7847 support, heading back to 1.7493 low
<p>GBP/AUD’s break of 1.7847 support today now suggests that corrective rebound from 1.7493 has completed at 1.8526 already. Rejection by 55 week EMA keeps outlook bearish. Fall from 1.8526 could either be the second leg of a consolidation pattern from 1.7493, or resuming the down trend from 2.0854. Immediate focus is now on falling channel […]</p>
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