FxPro - Analytics


751.75 6.25/10
88% of positive reviews

GBPAUD Wave Analysis – 29 November, 2019

  • GBPAUD reversed from resistance level 1.9070
  • Likely to fall to 1.8900

GBPAUD recently reversed down from the resistance level 1.9070 (monthly high from October) – strengthened by the upper daily Bollinger Band.

The downward reversal from the resistance level 1.9070 created the daily Japanese candlesticks reversal pattern Falling Star.

GBPAUD is expected to fall further toward the next key support level 1.8900 (low of the previous short-term correction (ii)).


To leave a comment you must or Join us

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree