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29/08/2022

The British pound sterling against the Australian dollar is trading in a corrective triangular wave, which is currently completing the wave D, which could witness further decline, provided that the critical limit is not breached at 1.56652

Gbpaud 2022 08 27 04 33 41

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20/8/2022

The pound sterling prices continue to take a corrective pattern abc against the Australian dollar to complete the wave 2 at 1.816020. The critical limit that supports this Scenario is 1.702930.

Gbpaud 2022 08 20 02 46 29

03/09/2022

It started to complete the decline again after completing the triangle wave (4) at 1.92212 to confirm this decline after breaching the support formed at the bottom of the wave D at 1.74167 to target 1.44832and 1.14578. The critical limit that supports its decline is the peak of the wave E at 1.92212.

Gbpaud 2022 08 31 23 36 20

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Gbpaud 2022 08 21 00 25 16 1

Coming closer to the weekly range, we are looking for a side-way correction in wave 2 of (5), critical resistance remains at 1.922120

Gbpaud 2022 08 21 00 25 05

We are looking for a sell-off in wave (5) which targeting 1.145780, critical resistance at 1.922120