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20 May 2014
GBP/AUD held up at key resistance
FXStreet (Guatemala) - GBP/AUD is trading at 1.8024, up 0.03% on the day, having posted a daily high at 1.8032 and low at 1.8014.
GBP/AUD is being held up at 1.8040 while we await the RBA later on. Meanwhile, the latest Newspoll survey showed support for the Australian coalition following last week’s Australian Budget falling to the lowest level since 2009. 69% think they will be worse off under the Budget, highest since the 1993 budget. TD Securities analysts explained that only 5% believe they will be better off (although that was the idea, everyone share the path back to surplus).
GBP/AUD Levels
Current price is 1.8027, with resistance ahead at 1.8028 (Daily Classic R2), 1.8032 (Daily High), 1.8035 (Daily 20 SMA), 1.8038 (Yesterday's High) and 1.8060 (Daily Classic R3). Next support to the downside can be found at 1.8021 (Daily Open), 1.8021 (Weekly High), 1.8014 (Daily Low), 1.8003 (Hourly 200 SMA) and 1.8001.
GBP/AUD is being held up at 1.8040 while we await the RBA later on. Meanwhile, the latest Newspoll survey showed support for the Australian coalition following last week’s Australian Budget falling to the lowest level since 2009. 69% think they will be worse off under the Budget, highest since the 1993 budget. TD Securities analysts explained that only 5% believe they will be better off (although that was the idea, everyone share the path back to surplus).
GBP/AUD Levels
Current price is 1.8027, with resistance ahead at 1.8028 (Daily Classic R2), 1.8032 (Daily High), 1.8035 (Daily 20 SMA), 1.8038 (Yesterday's High) and 1.8060 (Daily Classic R3). Next support to the downside can be found at 1.8021 (Daily Open), 1.8021 (Weekly High), 1.8014 (Daily Low), 1.8003 (Hourly 200 SMA) and 1.8001.