Thursday, August 20, 2015
GBPAUD 30-Minute Chart Pivot Levels for 08/20/2015
The 30-minute chart on the GBP/AUD forex pair clearly shows how well respected the 2.1390 area has been in the past several trading days. This level caused quite a bit of problems yesterday as price was unable to get over it on two separate occasions. Price also used 2.1390 as support today, so this level should be watched very carefully. Price is currently trading at 2.134, so 2.139 is likely to now act as resistance again.
