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forexTrdr GBPAUD - LESS ABOUT THE TECHS MORE ABOUT POLITICS

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Afternoon traders,

British Pound breaking below support levels highlighted on our chart versus Aussie Dollar just as we head into a weekend of results on European Elections and the likely demise of May who many political commentators are suggesting will be out by Monday. Meanwhile pro Brexit Boris Johnson is gathering support among MPs which the market will take to increased chance of hard Brexit.

As per our trading view chart we are looking for a break into the lower trading channel and down to 1.818-1.82.

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Good luck trading

from the Team at forexTrdr



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