Currently, GBP/AUD is trading at 1.7848. The pair is trading in a downtrend and just entered into its , It can touch the bottom of its and then rebound back to start a new uptrend. The pair might form a patterns after it rebounds back from the bottom of the .
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Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.