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CADCHF Remains Bearish – Market Outlook for December 27, 2024

The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...
HomeFOREXGBPAUD Achieves Significant Gains – Forecast for Today (06-12-2024)

GBPAUD Achieves Significant Gains – Forecast for Today (06-12-2024)

The GBPAUD pair has successfully surpassed the key resistance level at 1.9250, driving strong bullish momentum and leading to significant gains. The price is now settled near 1.9850.

With continued positive momentum from key indicators, the path towards the next target of 1.9960 looks favorable. A breakout above this level would likely push the price towards new highs, with the next resistance around 2.0165.

The expected trading range for today is between support at 1.9705 and resistance at 1.9960.

Trend Forecast: Bullish

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