GBPAUD has been declined over the last week, and now it is at around 1.786 less than 1.800.The trend & momentum indicate GBPAUD could be reversed to go up in this week while the shorter term momentum shows downward signal at the moment.
GBPAUD had marked above 1.800 most of time for last months, and there seems be pressure pushing back to the level.
On the other hand, there is downward risk in long term scaled such as yearly basis. This issue has been posted here.
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