Tue, 20 May 2014 14:21:15 GMT
GBP/AUD 4H Chart: Channel Down
After moving to the south since January 24, the GBP/AUD currency pair is now has a chance to end a more than 500-bar long rally to the downside. At the moment of writing, bulls were making an attempt to close above the upper trend line. However, they are facing a strong resistance around 1.8202, represented by a weekly R2. Aggregate