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April 15, 2021 at 04:09PM
• GBPAUD broke support zone
• Likely to fall to support level 1.7680
GBPAUD recently broke the pivotal support level 1.7814 (which has been reversing the price from the start of March).
The breakout of the support level 1.7814 should accelerate the active downward impulse C – which belongs to the intermediate ABC correction (2) from March.
GBPAUD is likely to fall further toward the next support level 1.7680 (low of the previous correction 2 and the target for the completion of the active wave (2)).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/gbpaud-wave-analysis-15-april-2021-20210415/
Selected by fonecable.com
Search Web: GBPAUD Wave Analysis 15 April, 2021
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