FX.co ★ providenci91 | GBP/AUD
GBP/AUD
(#) in the GBPAUD currency pair have already managed to close the price gap that formed at the opening of trading. Currently, the price is located in the support zone. Let's see if sellers can establish themselves below 1.9010. If they manage to break through 1.9010, then the decline can continue towards 1.8980, 1.8950, and 1.8920. However, if buyers are able to push the GBPAUD price back above 1.9045, then the upward movement can target 1.9075, 1.9105, 1.9135, and 1.9165 - from here a new decline may start. A consolidation above 1.9165 could lead to an increase towards 1.9195, 1.9225, and 1.9255-1.9285. Further evaluation will be needed based on the actual situation.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade