GBPAUD is now trading at 1.88823 after rejecting the resistance zone around 1.89770. From the daily timeframe perspective the market is still above 1.88500. Historically there was excess selling around this zone and since history repeats itself, traders are bearish and expecting a push to the downside. An aggressive bearish impulse wave will confirm.
USDCHF has broken above all barriers and is preparing for a bullish leg. The 50.0 fib level is holding strong as well as the support trendline. The market is in a clear bullish trend and traders are targeting 0.92500.
GOLD has formed a lower low since breaking below the ascending structure as well as the neckline. Currently the market is retesting the resistance before a push to the downside. A break below 1785.18 will see a bearish leg down to 1769.11