GBPAUD: Bullish Momentum Is Intact

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GBPAUD: Bullish Momentum Is IntactBritish Pound/Australian DollarFX:GBPAUDKlejdiCuniGBPAUD: Bullish Momentum Is Intact GBPAUD confirmed another bullish pattern during the RBA meeting. So far, the market is still moving against the AUD, despite the RBA Governor's optimistic comments. GBPAUD is still rising and from this new pattern it could extend to the second target we had earlier, near 2.0710. This is AUD weakness, not GBP strength. The bullish pattern should push GBPAUD a few points higher today unless the RBA surprises at the end of the meeting. You may find more details in the chart! Thank you and Good Luck! PS: Please support with a like or comment if you find this analysis useful for your trading day