– GBPAUD reversed from resistance level 1.9175
– Likely to fall to support level 1.8945
GBPAUD currency pair recently reversed down from the pivotal resistance level 1.9175 (top of the previous impulse wave 1 from the end of May) standing near the upper daily Bollinger Band.
The downward reversal from the resistance level 1.9175 created the daily Japanese candlesticks reversal pattern Shooting Star, which stopped the previous short-term impulse wave 3.
Given the overbought daily Stochastic, GBPAUD currency pair can be expected to fall further toward the next support level 1.8945.
- Google reversed from pivotal support level 187.30 - Likely to rise to resistance level…
- USDCHF broke resistance level 0.9130 - Likely to rise to resistance level 0.9225 USDCHF…
Oil prices are rising due to various temporary bullish factors, including tightening sanctions on Russia's…
The crypto market is struggling, with prices dropping and Bitcoin nearing the lower end of…
- NZDUSD falling inside weekly impulse wave C - Likely to fall to support level…
- GBPUSD broke key support level 1.2300 - Likely to fall to support level 1.2100…
This website uses cookies