Categories: Technical analysis

GBPAUD Wave Analysis – 16 December 2025

GBPAUD: ⬆️ Buy

– GBPAUD reversed from support area

– Likely to rise to resistance level 2.0400

GBPAUD currency pair recently reversed up from the support area between the round support level 2.000 (which has been reversing the price from October, as can be seen below), lower daily Bollinger Band and the support trendline of the down channel from July.

The upward reversal from this support area started the active short-term impulse wave 3 of the intermediate impulse wave (3) from November.

Given the strength of the support level 2.000 and the bearish Australian dollar sentiment seen today, GBPAUD cryptocurrency can be expected to rise to the next resistance level 2.0400.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

Share
Published by
The FxPro Tech Analysis Team
Tags: GBPAUD

Recent Posts

The labour market did not scare the Fed

The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…

4 hours ago

The crypto rebound fades with a 40% drop possible

Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…

6 hours ago

Abercrombie & Fitch Wave Analysis – 16 December 2025

Abercrombie & Fitch: ⬆️ Buy - Abercrombie & Fitch broke resistance zone - Likely to…

23 hours ago

Pro News Flash: Bitcoin Is Stuck While Billion Dollar Buyers Step In

🛟 Bitcoin is having a hard time staying afloat, even as major players step in…

1 day ago

Natural Gas. Current situation #trandingshorts #tradelikeapro #trading #tradingstrategy #naturalgas

We're gonna talk about the gas market, where prices are falling rapidly. Let's take a…

1 day ago

The dollar remains focused on the labour market

The US dollar weakened significantly in 2025, and its fate depends on central banks. The…

1 day ago

This website uses cookies