From last few weeks, we can see AUD is gradually falling as well as Pound is gaining strength agains AUD. As for that, this pair is continuously in a trend which is taking it high and high..
Following the trend will be a very good idea to trade this pair.
There is also a ABCD pattern completing around 1.98. So, I guess we may see some retrace around that area. Correction: As par NicoMuselle s idea, we can see, there are 3 ABCD pattern completing around 1.98. Is this could be a game changer? Lets find out.
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