GBPAUD continues to rise after the price reversed up from the earlier from the major support level 1.80000 (which has been repeatedly reversing the pair from the start of October) standing near the lower daily Bollinger Band. The upward reversal from the support level 1.80000 continues the active short-term impulse wave 3 from last month. Given the rising bullish sterling sentiment seen across the FX markets today – GBPAUD is expected to extend the gains toward the next resistance level 1.82700 (top of the previous minor impulse wave 1 from the end of November).