empty
13.03.2025 10:15 AM
Technical Analysis of Intraday Price Movement GBP/AUD Cross Currency Pairs, Thursday March 13, 2025.

This image is no longer relevant

If we look at the 4-hour chart of the GBP/AUD cross currency pair, it appears that the AB=CD Harmonic pattern has emerged, especially with the support of the Stochastic Oscillator indicator which has successfully broken below and then rose above the Oversold level (20) and its price movement has successfully broken and closed above the SMA 20 (Middle Line Bollinger Band) then in the near future GBP/AUD has the potential to strengthen, especially with the appearance of Equal High at level 2.0622 which is a place where liquidity gathers so that it becomes a magnet that is quite attractive to test, then GBP/AUD has the potential to appreciate upwards until the Equal High level is broken and closes above it, even if the volatility and momentum of its strengthening support it, GBP/AUD will continue to strengthen to level 2.0687 as its first target and 2.0771 as its second target, but it is also necessary to be aware of the appearance of Divergence between the Stochastic indicator oscillator with GBP/AUD price movements also gives a warning that there is a potential for a weakening correction, but as long as it does not break through and close below the 2.0381 level, the strengthening setup that has been described previously will continue to run as it should be.

(Disclaimer)

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST

Recommended Stories

EUR/USD. March 13th. Bulls Are Tired of Playing Along with Trump

On Wednesday, the EUR/USD pair continued a very weak decline after rebounding from the 1.0944 level. This morning, it reached the 200.0% corrective level at 1.0857. A rebound from this

Samir Klishi 11:18 2025-03-13 UTC+2

GBP/USD. March 13th. U.S. Inflation Made Things Worse for the Dollar

On the hourly chart, the GBP/USD pair continued its upward movement toward the 127.2% Fibonacci retracement level at 1.3003 on Wednesday. The growth was weak, and the bulls failed

Samir Klishi 11:16 2025-03-13 UTC+2

Forex forecast 13/03/2025: EUR/USD, USD/JPY, Oil and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:24 2025-03-13 UTC+2

Indicator Analysis: Daily Review for GBP/USD on March 13, 2025

On Thursday, the market may start moving downward from the 1.2959 level (yesterday's daily close) toward 1.2924 – the 14.6% retracement level (yellow dashed line). From this level, the price

Stefan Doll 09:45 2025-03-13 UTC+2

Indicator Analysis for EUR/USD on March 13, 2025

On Thursday, the market may continue moving downward from 1.0886 (yesterday's daily close) toward 1.0861 – the 14.6% Fibonacci retracement level (blue dashed line). From this level, a rebound upward

Stefan Doll 09:25 2025-03-13 UTC+2

Technical Analysis of Intraday Price Movement of Nasdaq 100 Index, Thursday March 13, 2025.

With the movement of the Nasdaq 100 index price moving below its MA (50) and the appearance of Divergence between the Nasdaq 100 index and the Stochastic Oscillator indicator

Arief Makmur 09:15 2025-03-13 UTC+2

EUR/USD Forecast for March 13, 2025

Yesterday, U.S. inflation data indicated a slowdown in February, with core CPI at 2.8% year-over-year compared to 3.0% in January, which was also above the forecast of 2.9%. However

Laurie Bailey 04:13 2025-03-13 UTC+2

GBP/USD Forecast for March 13, 2025

By the end of yesterday, the British pound experienced a slight increase, continuing its overall upward trend. The price is attempting to reach the target level of 1.3001, while

Laurie Bailey 04:13 2025-03-13 UTC+2

USD/CAD Forecast for March 13, 2025

On the daily chart, both the price and the Marlin oscillator are forming triangles. If it weren't for the downward pressure from the MACD line, the trend would likely

Laurie Bailey 04:13 2025-03-13 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.