![GBPAUD Chart Technical Outlook](https://tradingtwist.com/wp-content/uploads/2023/09/GBPAUD-Chart-Technical-Outlook-2.jpg)
GBPAUD Chart Technical Outlook broad bias is bullish as the BoE is more hawkish than the RBA.
Prices broke above the previous week’s high, building a bullish wave.
It could correct lower to the support zone of 50% and 61.8% Fibo retracement levels, where I expect a bounce higher.
Resistances are at 1.9750 and 1.9800