Trade Brief
Looking for a GBP/AUD buying opportunity circa 50% fib retracement from 16/11/14 low (1.78564) / 17/12/14 High (1.93066).
Technical Analysis
Currently in the 4th (corrective wave) which may see it fall back to the 50% fib retracement zone, a level which provided prior resistance at the beginning of both October and November 2014.
The 200 EMA is...
Trade Brief
Looking for a GBP/AUD buying opportunity circa 50% fib retracement from 16/11/14 low (1.78564) / 17/12/14 High (1.93066).
Technical Analysis
Currently in the 4th (corrective wave) which may see it fall back to the 50% fib retracement zone, a level which provided prior resistance at the beginning of both October and November 2014.
The 200 EMA is...
