CMP: 1.9509; Sup: 1.8640
I expect this pair is going to top out soon for bigger correction.
I expect this pair is going to top out soon for bigger correction.
Showing posts with label gbp aud. Show all posts
Showing posts with label gbp aud. Show all posts
Friday, 31 January 2020
Wednesday, 29 January 2020
GBPAUD: Medium Term down, Long Term Bull? 29-Jan-2020
CMP: 1.9224; Res: 1.9355/1.9525; Sup: 1.8640
Further targets: 1.8471-1.8262.
If the lower trend line supports, we will see a final leg of up move towards 1.9524 initially.
Long Term
Based on Daily chart, I expect to see another up move towards 1.9524-1.9717, 2,0191, 2.0854...Short/Medium Term
As long as 1.9355/1.9525 resists, I expect to see a retest of 1.8640.Further targets: 1.8471-1.8262.
If the lower trend line supports, we will see a final leg of up move towards 1.9524 initially.
Sunday, 19 January 2020
GBPAUD: Long Term Bull, Short Term Bear 19-Jan-2020
CMP: 1.8929
Based on Weekly Chart,
Res: 2.2384; Sup: 1.7561/1.5642/1.4379
We are in positional upside targeting 2.0587, 2.2384, 2.3644-2.5532.
Based on 4H Chart,
Res: 1.9005/1.9159/1.9524; Sup: 1.8770/1.8640/1.7561
As long as 1.9005/1.9159/1.9524 resists, we can see 1.8774 initially and min target 1.8640-1.8542.
Further targets: 1.8311-1.8275 (ultimate target), 1.8136-1.8066.
Based on Weekly Chart,
Res: 2.2384; Sup: 1.7561/1.5642/1.4379
We are in positional upside targeting 2.0587, 2.2384, 2.3644-2.5532.
Based on 4H Chart,
Res: 1.9005/1.9159/1.9524; Sup: 1.8770/1.8640/1.7561
As long as 1.9005/1.9159/1.9524 resists, we can see 1.8774 initially and min target 1.8640-1.8542.
Further targets: 1.8311-1.8275 (ultimate target), 1.8136-1.8066.
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