Talking Points:
- GBPAUD wedged between top-side resistance and under-side support
- Looking for follow through in AUD after key reversal day on 2/3
- A break of rising trend-line supports short biased trades towards 19200 in the near-term
- Watching for a clean break below yesterday’s low of 19479
GBPAUD – 4hr: Sep ’14 – Present
Written by Paul Robinson, DailyFX Research
To contact Paul, you can email him at instructor@dailyfx.com