Technical Analysis of Daily Price Movement of GBP/AUD Cross Currency Pairs, Thursday 31 August, 2023
August 31, 2023 9:27 am
If we look at the daily chart of the GBP/AUD cross, it is clear that GBP/AUD is still in a bullish condition, which can be seen in the CCI indicator, which is still moving in the range of level 0 to level 100, while the movement of GBP/AUD is being held at The Bullish Orderblock level is 1.9486, so that in the next few days as long as there is no downward correction past the 1.9327 level, GBP/AUD will try to test the level above its current price, namely the 1.9966 level.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
If we look at the daily chart of the GBP/AUD cross, it is clear that GBP/AUD is still in a bullish condition, which can be seen in the CCI indicator, which is still moving in the range of level 0 to level 100, while the movement of GBP/AUD is being held at The Bullish Orderblock level is 1.9486, so that in the next few days as long as there is no downward correction past the 1.9327 level, GBP/AUD will try to test the level above its current price, namely the 1.9966 level.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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