GBPAUD Chart Technical Outlook pushes through support, 1.9152 the next barrier
The sell-off in the cross has continued as stock indices move to the upside, strengthening the Australian Dollar.
The next significant downside barrier is located at 1.9152. This is the 161.8% extension level from 1.9972-1.9465. I would expect a stalling and correction from this important Fibonacci level. Timescale studies would suggest a Monday correction.