GbpUsd- Bulls held their ground

In my yesterday’s GbpUsd comment, I said that 1.24 is very important at this moment and a break of this level could lead to further losses, even to 1.2.
The market took a short dive under the level, but this was quickly reversed, leaving a Pin Bar on our daily chart.
This Pin Bar could be an indication that bids are very strong at 1.24 and the market could continue to the upside.
At this moment there is a high chance of a new test of 1.2550 resistance.

AudUsd- Back to 0.68?

Since the beginning of March, AudUsd is trading in a clear range between 0.66 and 0.68.
The end of May found the pair breaking under the support of this range, but the break lacked continuation and with the price getting back above support again it proved to be a false break.
Yesterday the pair tested again 0.6 and reversed and at the time of writing is trading at 0.6666.
Considering the false break and the recent test of support there are high chances of continuation to the upside and 0.68 resistance could be the target.
Back under 0.66 puts a pause to this scenario.

Gold- stuck between trend lines and horizontal levels

For the past two weeks, Gold was pretty tricky, bouncing up and down, with no clear direction.
Looking at the chart we could see that, in fact, the price is stuck in a range between 1940 and 1980 and as long as these levels are intact, the medium-term direction is not clear.
Yesterday, Gold reversed exactly from the level of support and managed to close above important 1950-1955 zone.
However, as said, clarification for bulls comes only with a daily close above 1980.
On the other hand, the price is still under the falling trend line that started in May, but also here things become clear only with a break under support.
In conclusion, as long as these levels are intact, wait and see is the best approach for swing traders.