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Technical Analysis of Intraday Price Movement of GBP/AUD Cross Currency Pairs, Tuesday April 15, 2025.
01:13 2025-04-15 UTC--4

On the 4-hour chart, the GBP/AUD cross currency pair appears to be moving below its EMA (21) and the Stochastic Oscillator indicator is in a Crossing SELL condition, so in the near future based on these two pieces of information, GBP/AUD has the potential to weaken where 2.0531 will be the main target and if the volatility and momentum of the weakening are strong enough, 2.0122 will be the next target to be tested, but all of these targets will be invalid if on its way to these targets, GBP/AUD suddenly strengthens again until it breaks through and closes above the 2.1596 level.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.