AUDUSD x GBPUSD set up for a synced rebound

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD             and GBPUSD             have synchronically tested dynamic supports based on descending trendlines from 09.Dec and 29.Dec, accordingly.
http://i.imgur.com/UwO1Knm.png - the screenshot reflects AUDUSD             to GBPUSD             correlation. Although in mid-term perspective it's evaluated as regular, in last month it's clearly above average value which supports view on correlated rebound.
Me thinks the right trendline for Gbp/Usd should be this - rebound possible
AdamFx42 AdamFx42
I think that we shoul see the 0,60 first.
motleifaul motleifaul
Sorry, slip of fingers: We should see the 0,686 first. :-)
+2 Reply
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