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.
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