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GBP/AUD Continues Bearish Move

GBP/AUD Continues Bearish Move

Thomas Long, Course Instructor

The combination of a strong AUD and a relatively weak GBP can be seen on this daily chart of the GBP/AUD. Multi-decade lows don't print accidently but rather for fundamental reasons. I would continue to look for selling opportunities as long as the pair remained below the 1.65728 high noted on the chart.

GBPAUD_body_69636d1287060430-trend-day-gbpaud-1014.png, GBP/AUD Continues Bearish Move

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.