GBP/AUD rising inside minor wave b

GBP/AUD rising inside minor wave b

  • GBP/AUD rising inside minor wave b
  • Next buy target - 1.7970

GBP/AUD recently reversed up from the support zone lying between the support level 1.7600 the 50% Fibonacci correction of the previous sharp upward impulse (i). The upward reversal from this support zone started the minor corrective wave b. GBP/AUD is expected to rise further to the next buy target at the major resistance level 1.7970 (top of wave (i) – from where the price is likely to correct down.


Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera