Trading the GBPAUD Reversal
Visit GBPAUD Reversal to see longer term charts of the GPBAUD. The rally from 2.0295 (11 year low) is in 5 waves, confirming that the trend has turned to the upside. A correction is unfolding now that should end near 2.0538 (Fibo and former congestion). It will probably take at least a week for this correction to play out.