Sharp move in GBP/AUD will lead to 1.97-2.00(09/03/2024)

GBP/AUD made a good jump from the 1.93 resistance zone.
At first glance, the move is sharp with good momentum indicating the 1st wave of the 5-wave impulse pattern.
We believe that the price will keep its momentum until it reaches 1.97(first target) and 2.00 zones.

Our technical view has been shown in the chart.

If you like it then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC

(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
audChart PatternsfortunamarketsfortunamarketsanalysisGBPGBPAUDgbpaudlonggbpaudshortTrend AnalysisWave Analysis

Related publications

Disclaimer