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FX.co ★ Technical Analysis of Daily Price Movement of GBP/AUD Cross Currency Pairs,Thursday December 21, 2023.

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Forex Analysis:::2023-12-21T05:54:17

Technical Analysis of Daily Price Movement of GBP/AUD Cross Currency Pairs,Thursday December 21, 2023.

Technical Analysis of Daily Price Movement of GBP/AUD Cross Currency Pairs,Thursday December 21, 2023.

On the daily chart, GBP/AUD cross currency pairs seems there is the price movement below Kumo followed by the Chikou Span and Tenkansen and Kinjun Sen (Death Cross) which is also below the Kumo as well as Span A is below the Span B as well as supporting by the confirmation of CCI indicator which managed to break below the 3 main levels (100, 0, -100) then it can be predicted that in a few days agead, as long as there is no strengthening correction movement which breaks above the level of 1,9340, then GBP/AUD has the potential to go down to test the level 1,8491.

(Disclaimer)

Analyst InstaForex
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