The British Pound was finally able to close above the 1.68 level today. Although there’s no real price action for us to trade, we can look for a retrace into support for a price action buy signal. Let’s see what we get the rest of this week.
The GBPAUD is trying to recover from recent lows. It was able to hold its footing above the 1.792 level today. If the correction is to continue, we may see a test of the 1.812 level in the coming days.