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Analytical Reviews

Ichimoku Indicator

21.12.202307:54 Forex Analysis & Reviews: Technical Analysis of Daily Price Movement of GBP/AUD Cross Currency Pairs,Thursday December 21, 2023.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 21.12.2023 analysis

On the daily chart, GBP/AUD cross currency pairs seems there is the price movement below Kumo followed by the Chikou Span and Tenkansen and Kinjun Sen (Death Cross) which is also below the Kumo as well as Span A is below the Span B as well as supporting by the confirmation of CCI indicator which managed to break below the 3 main levels (100, 0, -100) then it can be predicted that in a few days agead, as long as there is no strengthening correction movement which breaks above the level of 1,9340, then GBP/AUD has the potential to go down to test the level 1,8491.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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