FxPro - Analytics

FxPro

753.75 6.25/10
88% of positive reviews
Real

GBPAUD Wave Analysis – 11 September, 2020

GBPAUD Wave Analysis – 11 September, 2020

• GBPAUD broke key support level 1.7710

• Likely to fall to 1.7400

GBPAUD recently broke sharply below the key support level 1.7710 (low of the daily hammer and wave (A) from the middle of July).

The breakout of the support level 1.7710 accelerated the active short-term downward impulse wave 3 – which belongs to the medium-term wave (C) from the middle August.

GBPAUD is likely to fall further toward the next support level 1.7400 (target price for the completion of the active downward impulse wave (C)).

GBPAUD Wave Analysis – 11 September, 2020


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