GBPAUD has recently re-tested the key monthly lows and rejected. We could see this market continue down to the monthly trendline support if the Australian dollar continues to strengthen. The GBP will likely remain weak as the conservative party continues to find a new leader.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.