GBPAUD | New perspective The identification of a strong bearish impulse leg on the 4H time frame which was followed by a retracement into the 61.8/78.6% appears to be a clue into the strength of the sellers at this juncture in the market.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Gbpaudsignals
GBPAUD | New perspective Despite the identification of a reversal pattern that supports a bullish momentum, I am thinking of taking a counter-trend opportunity as the current structure suggests that buyers are yet to find the momentum to break through the key level at the 1.776 area.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPAUD | New perspective | folow-up detailsA follow-up detail on the GBPAUD that was published in the course of last week's trading session (see link below for reference purposes) as we closed with a minimum of 150profits move in our last trade, the retest of the neckline of the reversal structure we identified on the daily/4H time frame will be a bullish confirmation. Then it is most appropriate that we lookout for bullish momentum from this area (1.76000) in the near future.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPAUD | perspective for the new weekDespite the obvious, that price action is currently sitting on a strong demand zone; I shall be looking for an opportunity to sell the Pound against the Aussie in the meantime if the price does not break out of the structure explained in the video.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPAUD News Trade - RBA Interest Rate DecisionForecasted interested rate is 0.25% which is same like it was for past three months. Today I am expecting the bank will keep the interest rate same as well and the GBPAUD will complete its final wave.
Sell GBPAUD now from Current Market Price with SL 1.8023 and TP can be 1.7690 or 1.7700