GBPAUD currency pair recently reversed down sharply from the pivotal resistance level 1.80610 (which has been reversing the price from the start of April, as can be seen blew) – strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci correction of the downward ABC correction (2) from the end of March. Given the proximity of the resistance level 1.8061 – reversing currency pair can be expected to correct down further toward the next support level 1.79350 (standing midway between resistance level 1.8061 and the key support level 1.78000).