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)).
Market picture The crypto market capitalisation fell by 1.7% in 24 hours to $2.29 trillion,…
- USDJPY reversed from support zone - Likely to rise to resistance level 155.65 USDJPY…
- Gold reversed from support zone - Likely to rise to resistance level 2400.00 Gold…
The number of operating oil rigs in the US fell by 7 to 499. This…
Market picture Crypto market capitalisation has been up 2% over the past seven days and…
- Adobe reversed from support zone - Likely to rise to resistance level 500.00 Adobe…
This website uses cookies