Expecting a correction on this pair to the 1.69000 zone, after this move we could se a new upside move to the 1.72700 (long term target)
GBPAUD Long MACD Divergence Bullish reversal Candlesticks On Daily time frame
On the 4 hour time frame GbpAud is setting up for a nice flush down. When you look at the daily time frame you see this correspondents with the downward channel there that just bounced off from the upper range. Making it not only very likely that the 4 hour will move down but also that it will break the support (red line) Entry: cmp SL: 1.6840 TP: 1.6660 > 1.6470
# Recently broken a trend-line from the March 2017 low to the down-side. # Bearish Harmonic Pattern. # MACD Hidden Bearish Divergence. #Stochastic RSI "Over Bought"
Waiting to see a move up to prior support, now turned resistance.
We have a short technical setup that matches our sell signal generated by our system.
Keep an eye on GBP/AUD, it might actually pull back 300 pips higher at it's most if this wave happens. This is an idea, make your own analysis, and once the move confirmed, invest properly. Happy trading!
Biased long on this pair but expecting a move down in the medium term to prior support.
sell from 1.7400 tp1 1.7380 tp2 1.7360 or sell from 1.7480 tp 1.7400
I'm looking for a buy on this pair, break and close above the downtrend trend line and 1.78915 along with the right indicators will validate a buy for me.
GBPAUD Go Long Break On Moving Average.. lets go GBPAUD Please UP My target +70 Pips
Another move down is likely.
Brilliant ... What more do you need to do but just set your TP levels ... We await
Which way it will take ? will it break the resistance ? let's place our orders and stop and wait :)
A reverse in between 61.80 and 50 fib could result in a chikou reverse under clouds and confirm a short position. I'm bearish in general on gbp. The macro economics starts to show weakness after brexit, which I believe WILL happen.