Consolidating Thursday presents us with GBP/USD & AUD/USD

Hello traders,

let’s hit the charts:

 

 

1. GBP/USD

GBP/USD has given us a bullish pinbar and the key resistance area formerly containing price is showing weakness.

We may see the bulls come heavily during the London session and take price to the next resistance level (1.39875)

 

 

2. AUD/USD

Price has continuously respected the key resistance zone on the  AUD/USD.

A breakout means price may hit the next possible resistance area (0.74494), and a reversal may encourage the bears to get back to a support area 0.73374

 

What say you?

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