- GBPAUD reversed from long-term resistance level 2.0820
- Likely to fall to support level 2.030
GBPAUD currency pair recently reversed from the resistance area located between the long-term resistance level 2.0820 (former multiyear high from 2020), resistance trendline of the weekly up channel from 2024 and the upper weekly Bollinger Band.
The downward reversal from this resistance area stopped the earlier short-term impulse wave 3 of the weekly upward impulse sequence (3) from the start of 2024.
Given the strength of the resistance level 2.0820 and the overbought weekly Stochastic, GBPAUD currency pair can be expected to fall to the next support level 2.030.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。