The Australian pound pair rose strongly during the beginning of the trading week for the fifth day in a row, as expected during our weekly analysis from here, in light of the scarcity of economic data from Australia and Britain so far, and we are waiting tomorrow for inflation data from the British economy, then on Thursday morning we will have our date with the Australian jobs data.

Technically:

the pair is trying to complete the harmonic patterns shown near and around the levels of 1.9250, which correspond to the levels of the downtrend, which represents the upper limit of the descending price channel on the daily frame.

If the rally extends, it could be towards the 1.9300 levels, at which the pair completes the Shark model.

Thus, the best selling zones on the pair are at the levels of 1.9250 and then 1.9300 with the least possible risk, and it is preferable to wait for any price action with reversal candles before any entry.

The expected targets will be the levels of 1.9150 and then 1.9100

This scenario fails if the 1.9355 levels break higher.