FX.co ★ Technical Analysis of Intraday Price Movement of GBP/AUD Cross Currency Pairs, Monday February 10, 2025.

With the appearance of convergence in the price movement of the GBP/AUD cross currency pair with the Stochastic Oscillator indicator on its daily chart, it confirms that in the next few days GBP/AUD has the potential to weaken even though there is a potential retracement to test the Resistance level of 1.9956, but as long as it does not break through and close above the level of 2.0148 GBP/AUD will continue to weaken where 11.9590 will try to be break and close below that level, if successful then GBP/AUD will continue to weaken to the level of 1.9420 and if the momentum of the weakening and volatility support it then 1.9016 will be the next target.

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