GBP/AUD resuming medium term down trend

<p>Australian Dollar stays firm and continues to ride on strong overall strong risk-on markets. GBP/AUD&#8217;s breach of 1.7423 low affirms our bearish view in a prior post. Down trend from 2.0854 should be resuming. Sustained trading below 1.7423 will target 38.2% projection of 2.0854 to 1.7493 from 1.8526 at 1.7242 first. Break will pave the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/351648-gbp-aud-resuming-medium-term-down-trend/">GBP/AUD resuming medium term down trend</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>