GBPAUD opened this week with the sharp downward gap, which broke the key support level 1.8500 (low of the previous short-term impulse wave (i)).
The breakout of the support level 1.8500 should accelerate the active intermediate impulse wave C of the medium-term ABC correction (B) from March.
GBPAUD is expected to fall further and retest the next support level 1.8300 (low of the previous short-term corrective wave (b)).
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies