GBPAUD recently broke above the key resistance level 1.8500 (which stopped the previous sharp impulse wave (i) at the end of January, as can be seen below).
The breakout of the resistance level 1.8500 accelerated the active short-term impulse wave (iii) of the medium-impulse wave 3 from November.
GBPAUD is expected to rise further and re-test the next resistance level 1.8730 (multi-month high from October and the target price for the completion of the active impulse wave (iii)).
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…
- EURJPY reversed from support zone - Likely to rise to resistance level 0.8625 EURGBP…
USDJPY was slipping below 153 on Friday morning, a three-week low and having lost over…
Market picture Crypto market capitalisation rose 3.3% in 24 hours to $2.22 trillion. Local capitalisation…
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
This website uses cookies