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Short

GBPAUD DETAILED UPDATE

FX:GBPAUD   British Pound/Australian Dollar
73 0 6
Hi all :)

Structure analysis - Long term bullish market. Currently price has established intermediate lower lows between confined within bull swing determining short-term bearish bias.
Structure predictive analysis - Price to continue in counter-trend if current structure acts as resistance.


Ratio analysis - daily swing high retraced 0.38 convergent with recent H2 swing low retracement 0.618
Ratio Predictive analysis - 2.0800 to be rejected and a feasible reversal zone.

Harmonic Analysis -
Formation of bat pattern . Price is determined to fluctuate towards 1.9300 (D) as price has breached B point.
Harmonic Predictive Analysis -
Anticipating bat pattern completion (varying D retracement - between .78 and .88)

Regards
laurence
Comment: Closer look at Ratio analysis


snapshot
Comment: This pair hasn't given us an immediate reaction as I would have hoped. Some consolidation patterns found on lower tf. So I expect a nose dive very soon.
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