What makes the chart interesting today is that:
. GBPAUD challenging the 1.8415 ~ 1.8450 .
. Min 450 pips room to run. A break above 1.8450 could push the pair to its 1.8900 previous areas of interest.
. A rejection at the Flag range resistance, however, could lead to another retest of the Flag’s support.
Will the GBP see an upside breakout against the AUD?
No one knows it! We have to wait and see!