Analysis of the GBPAUD Currency Pair for 02.12.2025
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
02.12.2025.
GBPAUD
The trend is upward. The pair is trading between 365 and 135 ЕМА. The descending wave structure is truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy upon the formation of an upward wave structure, where wave (A) breaks through the trendline of the descending truncated structure.
Stop Loss – 2.0155 (below the local low of the descending truncated structure).
Target levels – 2.0257; 2.0350.
