Thursday, October 15, 2026

Technicals

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FxWirePro: GBP/AUD forms bullish Gartley pattern, good to buy at dips

Harmonic pattern Formed - Bullish Gartley Pattern Potential Reversal Zone (PRZ) - 2.0170 The pair has declined till 2.0220 and slightly recovered from that level. It is currently trading around 2.03700. GBP/AUD is facing…

By Lis Howell
1 min read
FxWirePro: GBP/AUD forms bullish Gartley pattern, good to buy at dips
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  • Harmonic pattern Formed - Bullish Gartley Pattern
     
  • Potential Reversal Zone (PRZ) - 2.0170
     
  • The pair has declined till 2.0220 and slightly recovered from that level. It is currently trading around 2.03700.
     
  • GBP/AUD is facing minor resistance around 2.050 and break above will take the pair to next level 2.070/2.09700.
     
  • Overall trend reversal only above 2.100.
     
  • On the lower side major support is around 2.017 and break below targets 2/1.9800 level.

It is good to buy at dips around  2.03000 with SL around 2 for the TP of 2.0950

 

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team