FX_IDC:GBPAUD   British Pound / Australian Dollar
37 0
here is my anylasis on GBP/AUD- now on the 5 th wave of the trend continuation. resistance held out and pullback to the 1.73556 level where remains at present. data tomorrow could have an affect on sterling also the RBA Minuetes meeting very soon. i would like to see 1.7750 get broken and the weekly bearish T/L get re-tested so we may see the sharp sell off needed as the pound reaches overbought territory. but from another angle we could see the AUD take over and head back toward sthe support of 0.7250.
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