– GBPAUD reversed from support level 1.8945,
– Likely to rise to resistance level 1.3700
GBPAUD currency pair recently reversed up from the powerful support level 1.8945, which has been repeatedly reversing the price from the start of May.
The price made numerous Japanese candlesticks reversal patterns near the support level 1.8945 – forming the daily Bullish Engulfing pattern just recently.
Given the predominantly bullish sterling sentiment seen across the FX markets today, GBPAUD currency pair can be expected to rise further to the next resistance level 1.9200.
Saturday's statistics from China added to fears of a slowdown in the world's second-largest economy,…
Market Picture The crypto market started the weekend on a positive note but has been…
Influential financial media are promoting the need for a 50-basis point rate cut. The Fed's…
GBPCAD reversed from strong resistance level 1.7850 Likely to fall to support level 1.7700 GBPCAD…
- Ebay broke resistance level 62.00 - Likely to rise to the resistance level…
After three weeks of consolidation, gold moved decisively upwards, hitting a record above $2572 per…
This website uses cookies