GBPAUD Charts Technical Outlook

GBPAUD Charts Technical Outlook is heading lower, aiming for 1.9400 and 1.9295

The GBP/AUD peaked at 0.9700 earlier this month and has been trading lower since. The pair maintains its negative bias today. The soft Australian inflation figures have failed to support the pair and the 1.9400 support remains on focus. Below here, the big target is 0.9295. Resistances are at 0.9590 and 0.9700.

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