Tag: GBPAUD

• GBPAUD reversed from support level 1.7485 • Likely to rise to resistance level 1.8000 GBPAUD recently reversed up from the key support level 1.7485, strengthened by the lower daily Bollinger Band and by the upper trendline of the recently broken down channel from March (acting as support after it was broken). The upward reversal […]

• GBPAUD reversed from support level 1.7635 • Likely to rise to resistance level 1.8200 GBPAUD recently reversed up from the pivotal support level 1.7635 (former resistance from July and August, intersecting with the 38.2% Fibonacci correction of the upward impulse from September). The upward reversal from the support level 1.7635 started the active shot-term […]

• GBPAUD reversed from resistance zone • Likely to fall to support level 1.7400 GBPAUD currency pair recently reversed down from the resistance zone lying between the strong resistance level 1.7650 (which has been reversing the pair from July) and the upper daily Bollinger Band. The downward reversal from this resistance zone is aligned with […]

• GBPAUD reversed from resistance level 1.7650 • Likely to fall to support level 1.7400 GBPAUD currency pair recently reversed down from the multi-month resistance level 1.7650 (previous monthly high from August), intersecting with the upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from January. The downward reversal from the […]

• GBPAUD broke support level 1.7000 • Likely to fall to support level 1.6800 GBPAUD currency pair recently broke the support level 1.7000 (which stopped the previous minor impulse wave 1 from the start of August). The breakout of the support level 1.7000 coincided with the breakout of the daily down channel from the start […]

• GBPAUD reversed from support level 1.7200 • Likely to rise to resistance level 1.7600 GBPAUD currency pair recently reversed up from the key support level 1.7200 (which has been reversing the pair from the start of April) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.7200 started the […]

• GBPAUD reversed from support level 1.7620• Likely to rise to resistance level 1.7825 GBPAUD recently reversed up from the support level 1.7620, which is the lower boundary of the tight sideways price range inside which the pair has been moving from the start of May. The support level 1.7620 was further strengthened by the […]

• GBPAUD reversed from support level 1.7200• Likely to rise to resistance level 1.7493 GBPAUD currency pair recently reversed up sharply from the key support level 1.7200 (which stopped wave 1 at the start of April). The upward reversal from the support level 1.7200 created the daily candlesticks reversal pattern Hammer – standing far below […]

• GBPAUD reversed from key support level 1.8900 • Likely to rise to resistance level 1.9200 GBPAUD currency pair recently reversed up from the key support level 1.8900 (previous monthly high from September and December), intersecting with the 20-day moving average and the 38.2% Fibonacci correction of the upward impulse from December. The upward reversal […]