Tag: GBPAUD

May 26
GBPAUD Wave Analysis – 26 May, 2022

• GBPAUD reversed from support level 1.7620• Likely to rise to resistance level 1.7825 GBPAUD recently reversed up from the support level 1.7620, which is the lower boundary of the tight sideways price range inside which the pair has been moving from the start of May. The support level 1.7620 was further strengthened by the […]

May 06
GBPAUD Wave Analysis – 6 May, 2022

• GBPAUD reversed from support level 1.7200• Likely to rise to resistance level 1.7493 GBPAUD currency pair recently reversed up sharply from the key support level 1.7200 (which stopped wave 1 at the start of April). The upward reversal from the support level 1.7200 created the daily candlesticks reversal pattern Hammer – standing far below […]

Feb 04
GBPAUD Wave Analysis – 4 February, 2022

• GBPAUD reversed from key support level 1.8900 • Likely to rise to resistance level 1.9200 GBPAUD currency pair recently reversed up from the key support level 1.8900 (previous monthly high from September and December), intersecting with the 20-day moving average and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal […]