The technical outlook for GBP/AUD is complex and made all the more so by this morning's decline. The pair had been showing signs it was beginning a new short-term uptrend after unfolding a new set of peaks and troughs higher on the 4 hr chart.

The improved sentiment is still with Sterling at the start of the new week with talk of a 'secret Brexit deal' in the offing supporting the Sterling-Australian Dollar exchange rate to 1.81 at the start of the week's session.

Sterling remains in uptrend against the Australian Dollar which is expected to extend and a break above previous highs will provide confirmation.

GBP/AUD defied expectations and rose in precious week and our studies of the weekly charts confirm a bullish bias. The Tuesday RBA meeting dominates AUD calendar this week.

GBP/AUD could extend recent losses over coming days and technical studies suggest targets lie in the 1.77s where major support area sits. Australian Dollar to remain subject to global sentiment this week.

GBP/AUD risen to major resistance level and stalled and we will need to see a decisive break in order to forward the pair's uptrend. This week GBP eyes inflation and retail sales data; the Australian Dollar the RBA minutes.

GBP/AUD is rising strongly after three up-weeks as trade tensions weigh on AUD and the trend higher is expected to extend in the coming week. The main event for the Pound is the meeting of the Bank of England and for the Aussie it is labour data.

GBP/AUD in strong rebound and the pair is now above 1.80 and in a new short-term uptrend. The main release for the Pound is PMI data and for the Aussie Q2 GDP and a central bank meeting.

GBP/AUD is in a short-term downtrend after breaking below the 50-week MA with the longer-term charts also suggesting more weakness. Effects on AUD of recent change in Prime Minister meanwhile remain ambiguous.

The Pound-to-Australian Dollar rate near-term forecast: pulling-back in the midst of a downtrend.

GBP/AUD is in short-term downtrend which could continue but watch for the 50-week moving average to provide support near current levels.

GBP/AUD continues to trade within a narrow range with no clear directional trend, Australian retail sales data is the major release for AUD in the coming week and for GBP the Bank of England meeting promises potential fireworks on Thursday.

GBP/AUD continues to bounce between major levels with no clear directional trend but Australian inflation data could turn tables on inert rate if it surprises this week. Brexit politics still dominate Sterling with CBI data also offering heads up.

GBP/AUD is in a rangebound consolidation on the weekly and daily charts despite previous activity suggesting a marginally bullish bias. Brexit politics are set to dominate GBP whilst labour data is the main release for the Australian Dollar.

Technical studies are supportive of Pound Sterling's prospects against the Australian Dollar but much will depend on the flavour of UK PMI data and this week's RBA event.

Technical studies suggest the GBP/AUD exchange rate could find its recent uptrend extend while from a fundamental perspective there is little by way of economic data this week as politics takes centre stage.

Bulls bellow as GBP/AUD reverses its short-term downtrend; much in the coming week will depend on UK inflation and wage data while the Aussie Dollar will be watching the employment report.

Concerning the outlook, the Pound-to-Australian Dollar exchange rate appears intent on finding a floor around the 200-day moving average we believe.

The week ahead for GBP/AUD, including forecasts, analysts views, technical analysis and outlook for the economic calendar.

The week ahead for GBP/AUD, including forecasts, analysts views, technical analysis and outlook for the economic calendar.