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DACapitalTrading
Sep 7, 2019 7:47 PM

GBPAUD - EDUCATION - 07. SEPT. 2019 

British Pound/Australian DollarFXCM

Description

Welcome to our weekly market Breakdown ( GBPAUD )!

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1 HOUR
Bearish price action and pressure on friday.

4 HOUR
Market at price consolidation and medium range of price index.

DAILY
Decision area, we need more confirmations for a setup.

OVERALL
Prices done with all possible moves, we need new confirmations and area
fake outs. Expecting prices to form new weekly lows on monday-wednesday
before heading back up to 1.79500 area on thursday-friday or next week!
Will update you as soon as we have some clearer moves.
Good luck

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Have a great week everyone!

ALAN
Comments
astroobserver
I treat this pair with parabolic approach .
DACapitalTrading
MC_Mike_Trading
Good analysis, I'm also thinking the pair is bearish on my weekly analysis. I'm waiting for the pair to set up more next week
DACapitalTrading
@MKM3535, thanks for sharing with us
ahmedzahid2799
Nice post! Do you think we can see pull back to 1.81-1.82 this week to seek a good sell entry?
DACapitalTrading
@ahmedzahid2799, thanks, hard to say mate
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