GBP/AUD
After a rebound, the cross has failed to clear a resistance at 1.5380 last week before a resumption of the downtrend. This last trend should extend toward January low at 1.4965. Below this threshold, a medium term support line stands at 1.4880. Resistances stand at 1.5220 and 1.5355/80. Short – Stoploss @ 1.5221 – Target @ 1.4966.
Natixis