GBP/AUD close to 1.72

FXstreet.com (Chicago) - GBP/AUD continues trading close to the 1.72 after retracing from the 1.7210 session highs. The pair managed to pull off a bounce from 1.7178 session lows.

GBP/AUD Technical Levels

Technically speaking, the pair is offered at 1.72 and oscillates between the supports aligned at 1.7186 (November 13th highs), 1.71 (November 11th highs) ahead of 1.7057 (October 1st lows) 1.7249 (November 15th highs), 1.73 (November 14th highs) ahead of 1.7346 (October 2nd highs). According to the FXstreet.com, the pair is strongly bearish and navigates below the EMA20.

GBP/USD at the void of 1.61 limits

GBP/USD can’t stand bearish pressure and faces grounds below above the EMA20 still above the 1.61 front.
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