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Forex

GBP/AUD Tests Key Resistance Level Amid Bullish Momentum

Guavy AI Editorial Team
Instruments
GBP AUD
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The GBP/AUD currency pair has been trading above its key moving averages across short-, medium- and long-term horizons, indicating a clear bullish trend.

The current price is A$1.9249, which puts it within the expected range of A$1.9142 to A$1.9334 for the next two to three trading days.

The probability of an upside move exceeding 80% suggests a high likelihood of gains as the pair nears its resistance level at A$1.9334.

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