empty
27.08.2024 06:05 AM
Technical Analysis of Intraday Price Movement of GBP/AUD Cross Currency Pairs, Tuesday August 27, 2024.

This image is no longer relevant

On the 4-hour chart, the GBP/AUD cross currency pair can be seen moving harmoniously in the Bearish Pitchfork channel, also forming a Bearish 123 Pattern and failed to break the False Break level of 1.9569 so that in the near future GBP/AUD has the potential to weaken and will test the level of 1.9426 if this level is successfully broken, then 1.9389 will be the next target to be targeted and will try to test 1.9389 if this level is successfully broken below then GBP/AUD will continue its weakening to the level of 1.9723 and if the momentum and volatility support it then 1.8896 will be the next target to be aimed at.

(Disclaimer)

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Forex forecast 22/08/2025: EUR/USD, GBP/USD, USD/JPY, SP500, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:43 2025-08-22 UTC+2

Trading Signals for EUR/USD for August 22-25, 2025: sell below 1.1638 (200 EMA - 6/8 Murray)

As long as the euro consolidates below the 6/8 Murray, bearish pressure will continue to prevail, and the instrument could reach the price levels seen when the Nonfarm Payrolls were

Dimitrios Zappas 07:43 2025-08-22 UTC+2

Trading Signals for GOLD for August 22-25, 2025: sell below $3,343 (200 EMA - symmetrical triangle)

Conversely, if gold breaks the 200 EMA around 3,343 and consolidates above this area, breaking the downtrend channel formed since early August, this will be seen as a clear signal

Dimitrios Zappas 07:42 2025-08-22 UTC+2

EUR/USD Forecast for August 22, 2025

Yesterday, the euro closed with a 45-pip decline. The price broke below support at 1.1632, approaching Jerome Powell's speech in Jackson Hole with a clear prospect of further decline toward

Laurie Bailey 04:41 2025-08-22 UTC+2

GBP/USD Forecast for August 22, 2025

As noted in yesterday's review, the British pound chose to meet today's fundamental speech by Jerome Powell in Jackson Hole within a comfortable range of 1.3364–1.3452. Indeed, the signal line

Laurie Bailey 04:41 2025-08-22 UTC+2

USD/JPY Forecast for August 22, 2025

The yen has finally determined its medium-term direction after spending half a month in consolidation. Yesterday's impulsive rise of the pair by more than 100 pips pushed it to test

Laurie Bailey 04:41 2025-08-22 UTC+2

EUR/USD. August 21st. Inflation Matters More Than the Labor Market

On Wednesday, EUR/USD continued to trade sideways. Even the weak movement seen over the past week is gradually fading. Above the resistance zone of 1.1637–1.1645, the bulls still maintain control

Samir Klishi 11:13 2025-08-21 UTC+2

Forecast for GBP/USD on August 21, 2025

On the hourly chart, GBP/USD continued its decline on Wednesday and consolidated below the 76.4% Fibonacci level at 1.3482. Thus, the British pound may extend its fall toward the support

Samir Klishi 10:55 2025-08-21 UTC+2

Forex forecast 21/08/2025: EUR/USD, GBP/USD, USD/JPY, Gold, Ethereum and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:04 2025-08-21 UTC+2

Silver commodity asset is testing its nearest resistance. Thursday, August 21, 2025.

[Silver] – [Thursday, August 21, 2025] Silver has the potential to strengthen today, although the two EMAs are still forming a Death Cross. However, the appearance of a Divergence indicates

Arief Makmur 09:55 2025-08-21 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.