Hi fellow traders, We just make an analysis for GBPAUD from now to end of next year 2017, due to some big events with BoE and the British Government in the coming months. Detailed analysis pls go to my signature here and you will find the link to our site to read more about. ( promoted links on the chart or comment part are not allowed to the rules of this...
The price finding resistance at 1.76350 area . Bearish as long as resistance area remains intact. As intraday trading strategy. we must get Bearish signal confirmed by trading below 1.75055 with potential target at 1.73394
Hi fellow traders, GBPAUD losses its upward momentum and is building now a form to reach the downward side to the extension 1.618 in the next movements. Short positions are described on the chart and I will follow up with you with this pair time by time. Trade well! Makkaba team