Today in the forex market GBP/AUD has a clear buy signal. This pair moved strong to the upside and it has good upside potential back to the 1.8500 resistance level on the H1 time frame. Since this pair is only trending on the smaller time frames we suggest scaling out lots and managing profits. On an overall basis in the market today, the GBP was strong and the AUD was weak, AUD pairs had strong movements on this basis. Below you see The Forex Heatmap®, which is a visual map of the forex market that provides live buy and sell signals for 28 forex pairs.
Forex Market GBP/AUD Buy Signal 1-14-2014