From the downward trend line the price bounces back, leading to lower prices to support the 1.8410 level. The formation of a rebound above the correction level of 50% 1.8360 or 61.8% 1.8302 again raises the price to the resistance levels 1.4810 and 1.8497.
analysis for Resistance today
GBP / AUD
3 1.8603
Resistance 2 1.8573
Resistance 1 1.8553
Pivot Point 1.8475
Support 1 1.8468
Support 2 1.8448
Support 3 1.8418
BUY STOP 1, 8553 STOP LOSS 1.88468 PROFIT PROFIT 1.8573 OR 1.8603
SELL STOP 1.88468 STOP REMOVING 1,8553 BENEFIT PROFITS 1,8448 OR 1.8418


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