The GBPAUD is now in an uptrend and after retesting/holding the 1.71 area it's buy. I'm expecting the price to move to highs and will keep my target open. Check out my recent article below. anyhows.com
trend broken lookink to buy in white zone after breach of 1020.18
day after FOMC meeting Trump in office PURPLE resistance points traced back from 1995-2007- now
The flow of data over the past few months has been consistent with the earlier forecasts. Inflation is expected to remain low for some time, before gradually returning to more normal levels. While there is uncertainty about the outlook for employment growth, it is likely that there will still be some spare capacity in the labour market over the forecast period. At...
If A is broken within red triangle then up to 1375 BUY 1357 TP 1367.00
3 POSSIBLE LONG ENTRY POINTS FOR A FALSE BEARISH MOVEMENT WHICH HAVEN'T PERHAPS BEEN WIDELY CONSIDERED.
Looking for repeat pattern to confirm trading plan
If A is broken within red triangle then up to 1370.26 BUY 1360.44 TP 1368.00
If A is broken within red triangle then up to 1370.26 An insight into why i have said 1368.
one possible scenario Regression at 1348.00 Bounce back at 1325-1328
Trading plan based on: REGRESSION AVERAGES TREND LINE AND RESISTANCE POINT AVERAGES OVERALL BULLISH MOVING AVERAGE
If price falls below (lines 1,2,) then possible retracement to 1307-1255 (Points A,B) Before turning BULLISH again to 1390
A potential rebound line. B could be possible if price drops below 1319.00