1.7500 is the next immediate downside target for GBP/AUD. The fundamentals heading into next week are looking bleak for the pound and continued weakness across the board is to be expected from the worse than expected GDP growth rate.
Further downside could be expected past this target looking beyond next week. Lets see how strong this bearish closure will be for this week.
Further downside could be expected past this target looking beyond next week. Lets see how strong this bearish closure will be for this week.