Dislikeduhm ok possible but a new low means also strong bearish.
for gbp aud to go up means GU must go more up than AU.
or AU go more down than GU.
actually AU is approaching a daily upper TL + supply area near 470 then next stop is 100 pips above.
looks to me that AU can go more up than GU actually, once broken 470Ignored
What I meant was supported by fundies today seams to me the perfect day for a trend reversal in both extremely oversold Aussie pairs (Euro and Sterling).
Time will tell tho, we'll see what NY has to offer.
Don't get mad, get even!