英鎊/澳元

What’s the Next Move for GBP/AUD?

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The GBP/AUD pair is trading in an uptrend, forming higher highs and higher lows, and the current pullback is considered a corrective move within this upward trend.

The level of 2.05763 is seen as a positive support level for the pair, where a potential rebound to the upside could occur, targeting the 2.07442 level.

However, if the price falls below the 2.05110 level and closes a 4-hour candle beneath it, the bullish scenario would be invalidated, and the trend would shift from bullish to bearish.

Note:
Traders should monitor economic news and data related to the Australian dollar and the British pound, as their outcomes can significantly impact the movement of this currency pair.

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