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#GBPAUD projection pattern in bullish channel

Paun British / Dolar Australia (FX:GBPAUD)  
claudiowall  
FX:GBPAUD   Paun British / Dolar Australia
GBPAUD trading Currencies medium_term
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gbpaud trading currencies medium_term
After maintaining rates of both the RBA and the BOE the price of GBP / AUD has continued to trend downward from the average of bullish channel. In the next weeks we could to see a repeat of the bullish pattern of represented for the first elliot waves in the graph, close to the parliamentary elections in UK . Remember that next month the RBA could eventually to reduce rates in Australia which would increase the chance of a good bullish occur medium-term
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