FX.co ★ Analysis of GBP/AUD For March 24, 2020

After the CCI breakout below the -100 level and the previous CCI Low, we know the GBP/UAD pair formed the downward momentum on the 4-hour Chart. The pair is now trying to reach the nearest Liquidity Pool at 1.9533 as its prime target and the 1.9285 as the secondary target. As long as this pair does not retrace higher than 2.0354, the pair is likely to reach its prime target at 1.9533.

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