GBPAUD Chart Technical Outlook

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.

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