The GBPAUD pair has shown consistent positive closings above the previous resistance level of 1.9325, establishing solid support for a potential bullish trend. The price has recently fluctuated around 1.9515, indicating strong gains.
We anticipate continued positive momentum from key indicators, aiming for a target of 1.9600 in the near term. Following this, a focus on overcoming the 1.9670 resistance could pave the way for further bullish advances.
The expected trading range for today is between 1.9460 and 1.9600.
Trend Forecast: Bullish
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