Main Quotes Calendar Forum
flag

FX.co ★ GBP/AUD analyssi for October 31, 2022 - Key support zone on the test

parent
Forex Analysis:::2022-10-31T11:41:35

GBP/AUD analyssi for October 31, 2022 - Key support zone on the test

Technical analysis:

GBP/AUD analyssi for October 31, 2022 - Key support zone on the test

GBP/AUD is test the important pivot level at 1.8020-1.8000 and there is potential for the upside continuation.

Trading recommendation:

Due to the strong bullish momentum in the background, I see potential for further upside continuation towards upside references.

Watch for the potential buying opportunities on the intraday dips with the upside objective at 1.8125

Stochastic oscillator is showing oversold condition, which is sign that there is potential for upside rotation.

Key support is set at the price of 1.8000

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...