Market Conditions for GBPAUD as at Jul 10, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for British Pound/Australian Dollar
British Pound/Australian Dollar ProfileThe British Pound/Australian Dollar (GBP/AUD) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. GBP is the base currency and AUD is the quote currency, meaning that 1 British Pound was worth 1.8162 Australian Dollar at the end of the New York trading session on Friday, 0.34% more than at the previous close.
Technical Analysis Summary for July 10, 2020
Although the pair is experiencing a short-term uptrend, this could just be a correction, as both the medium and long-term trends are still bearish. Friday's trading range has been 105 pips (0.58%), that's below the last trading month's daily average range of 147 pips. With prices trading close to this year's low at 1.7869, downside momentum might accelerate should the forex pair break out to new lows for the year.
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