GBPAUD Chart Technical Outlook falls toward 1.9160 ahead of the busy UK calendar
GBP/AUD found resistance at a 50% Fibo retracement level and bounced lower. This week has a busy calendar from the UK: wages, employment, inflation, and retail sales. The expectations from those events point to a potential weakening in GBP.
I expect a downside price action ahead of the data.
Resistances: 1.9350, 1.9400
Supports: 1.9160, 1.9060
