GBP / AUD: the likelihood of a rebound to the target point 1.6195

Likely to bounce target point 1.6195.

Our pivot point is located at: 1.6035.

Our opinion: The likelihood of a rebound to the target point of 1.6195.

Alternative scenario: The downside breakout 1.6035 will cause a return to the levels of 1.5998 and 1.5976.

Comment: the RSI below 50. MACD is above its signal line and negative. the opposite configuration. In addition, the rate is below its 20 and 50-day moving average, currently is located at 1.6094 and 1.6128.

Support and resistance levels:

1,6240 **

1.6217 *

1.6195 **

1.6174

?