GBPAUD Completes Same Harmonic Pattern TwiceGBPAUD Completes Same Harmonic Pattern Twice
GBPAUD has completed a bearish harmonic pattern for the second time near a strong daily zone.
This area has previously pushed the price down multiple times.
Additionally, this week, the Reserve Bank of Australia (RBA) sent a hawkish message regarding its economy, supporting AUD strength. Although the impact was not immediate, it may support AUD in the coming days.
GBPAUD is expected to reach 1.9600 as a minimum correction, with the second target at 1.9400 and the third at 1.9200.
You may find more details in the chart!
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