GBP/AUD 4HR // 12 April 2024 Analysis
For GBP/AUD, we can see that there is a 4HR downtrend which has been respected. Currently, the price has rejected from the 1.92500 key level.
Looking at the 1D chart, we can see a long term uptrend.
What we could looking for after that 1.92500 area rejection is price moving towards the 1.9000 Major key area, possibly respecting the area as well as the uptrend on the 1D.
Long term swing moves to be expected, dependent on how the market reacts to those level. Long term analysis.
Looking at the 1D chart, we can see a long term uptrend.
What we could looking for after that 1.92500 area rejection is price moving towards the 1.9000 Major key area, possibly respecting the area as well as the uptrend on the 1D.
Long term swing moves to be expected, dependent on how the market reacts to those level. Long term analysis.