If we do obtain a breakout of this TL we could expect to see 138.700. However, due to other GBP pairs looking bearish, we could possibly see a fakeout and a continuation down. For entries wait for a breakout of 138.145(long) 137.800(short)
EUR/AUD Showing multiple rejections off the daily resistance area with candlestick patterns such as a shooting star. Also, it has rejected the golden ratio the 61.8 fib. Taking that AUD/USD and EUR/AUD move opposite towards each other and my bias for AU is long this also backs up my bias for shorting EURAUD.