GBPAUD Wave Analysis 26 February 2026

RunWithRugs · 2026-02-28T10:34:05+00:00

The GBPAUD pair is under bearish pressure after breaking its support zone, likely falling to the next support level at 1.8900, driven by ongoing impulse wave movements.

RunWithRugs

2026-02-28 10:34:05

Abstract generation in progress

(MENAFN- FxPro) GBPAUD: ⬇️ Sell

– GBPAUD broke support zone

– Likely to fall to support level 1.8900

GBPAUD currency pair under the bearish pressure after the price broke the support zone between the support level 1.91950 (former strong support from 2024) and the 38.2% Fibonacci correction of the upward impulse from July.

The breakout of this support zone accelerated the active impulse wave 3 of the intermediate impulse wave © from August.

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GBPAUD cryptocurrency can then be expected to fall to the next support level 1.8900, double bottom from 2024 and the target for the completion of wave 3.

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