![GBPAUD Chart Technical Outlook](https://tradingtwist.com/wp-content/uploads/2023/08/GBPAUD-Chart-Technical-Outlook-3.jpeg)
GBPAUD Chart Technical Outlook to post an upside correction, Although they cross-traded through the support level at 1.9637, buyers have returned overnight.
The weekly chart highlights a 161.8% extension level. This could indicate that we see a choppy and limited correction to the downside. There is ample scope for a correction higher with the first supply zone located at 1.9865.
Expect mixed and volatile trading.