GBP/AUD was on the back foot for quite long and rebounded some 200 points in the last week but resumed falling again today in a correction mood. Tomorrow news about easing restriction should push the pair higher.
The above is my personal point of view for the market and any risk depends on your decision.
The above is my personal point of view for the market and any risk depends on your decision.
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The pair was very close to the upper line of the channel, but didn't touch it and resumed falling again due to the mixed messages from the UL government about easing the restriction. If the PM statement on Sunday comes positive and will be motivating and we could see the pair crossing the upper channel and moving towards its target 1.99 .
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