Weekly Breakdown: GBP/AUD analysis
If weekly candle rejects key daily support of 1.81000 formed by our previous swing low with a Doji candle suggesting indecisive behaviour.It is likely that price could reverse if the price breaks the trendline with a bullish engulfing candle, targets of 1.85000 being a psychological level also in confluence with 61.8% fib level. More importantly, key fundamentals out this week for GBP which could be the catalyst for GBP potential upside momentum.
