GBPAUD under pressure after the earlier downward reversal from the resistance area lying between the strong resistance level 1.8870 (monthly high form March and May) and the upper daily Bollinger Band.
The downward reversal from this resistance area started the active short-term ABC correction (iv).
GBPAUD is expected to fall further and retest the next support level 1.8630 (target price calculated for the completion of the active wave (iv)).
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
This website uses cookies
