GBPAUD continues to rise after the recent breakout of the resistance level 1.8430 (which reversed (a)-wave of the active ABC correction (ii) earlier this month).
The breakout of the resistance level 1.8430 should accelerate the active short-term ABC correction 2 from the middle of April.
GBPAUD is expected to rise further and re-test the next resistance level 1.8600 (top of the previous wave B and the target for the completion of the active correction (ii)).
- USDJPY broke key resistance level 155.00 - Likely to rise to resistance level 160.00…
- Ebay reversed from support level 49.35 - Likely to rise to resistance level 52.55…
Even though the Bank of Japan left the key rate and parameters of the QE…
Market picture Market Dynamics: The cryptocurrency market stabilised, losing just 0.1% of capitalisation and dropping to…
- GBPCAD reversed from key support level 1.6910 - Likely to rise to resistance level…
- GBPAUD reversed from support level 1.9135 - Likely to rise to resistance level 1.9360…
This website uses cookies
