GBP/AUD Amazing Opportunity

Looking at the Daily chart, GBP/AUD rejected the upper trendline by creating an ascending channel. From a technical perspective, I expect the price to drop towards the 38.2% Fibonacci level (1.80336) as our first target. Breaking this level will push GBP/AUD towards 1.76554 (78.6% Fibonacci level) and 1.74215 (bottom of the rising channel) as our second and third targets.

Also, If we want to look at it from another perspective using correlations: since AUD and Gold are the most volatile when DXY drops, and if you've been following my analyses, you know that I am still bearish on the Dollar and bullish on all other major currencies and precious metals that's why I expect this time to see AUD the strongest among all other currencies, thus creating a very great opportunity to sell other AUD denominated pairs such as EUR/AUD.