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FTUKcom

GBP/AUD looking for movements back into 1.7500...

Short
British Pound / Australian Dollar (FX:GBPAUD)  
FTUKcom  
FX:GBPAUD   British Pound / Australian Dollar
Trend Analysis Chart Patterns Technical Indicators GBPAUD pound aussie short Bearish Patterns pips profits
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trendanalysis chartpattern indicator gbpaud pound aussie short bearish pips profits
1.7500 is the next immediate downside target for GBP/AUD. The fundamentals heading into next week are looking bleak for the pound and continued weakness across the board is to be expected from the worse than expected GDP growth rate.

Further downside could be expected past this target looking beyond next week. Lets see how strong this bearish closure will be for this week.
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