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GBP/AUD After breaking through the area of 1.8380-70, overbought RSI pulled the GBPAUD This pair can not be called weak if it does not fall below 1.8370. If this happens, then 1.8350, 1.8280 and 1.8200 are returned in the form of quotes. On the other hand, there are adjacent resistance to the pair of 1.8520 and 1.8620, before it can reach a higher level of 1.8725. During the extended rally, the pair above 1.8725, can offer intermediate stagnation to remove attention from level 1.8800 and 1.8880 psychological magnet 1.9000.
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this pair is trading in a very strong uptrend and right now the trend seems to continue because it has retraced a little few days back and the candles of the last two days show that the uptrend is still intact and it is continuing in short time so we should always be ready to but when ever there is a dip in the market for this pair.
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resistance3: 1.8431
resistance2: 1.8389
resistance1: 1.8334
Key point: 1.8260
support1: 1.8221
support2: 1.8189
support3: 1.8123
Buy : 1.8263
Short target: 1.8325
Long target:1.8398
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GBPAUD we have assumed that the pair will experience a sideways between 1.8290 to 1.8232 level. If not able to push up it will fall towards 1.8212 support level below is our estimate that up to now and then to 1.8172 will be forwarded to maintain the downward trend
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Today technical analysis of Gbp/Aud is sell
Resistance and supporting level is:
Resistance level first:1.8374
Resistance level 2nd : 1.8384
Resistance level 3rd: 1.8394
Supporting level first: 1.8349
Supporting level 2nd: 1.8339
Supporting level 3rd:1.8329
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today's market technical analysis for GBP/AUD
market trend is going bullish
the market have good position for buy
market resistance and support levels could as
current price =1.8372
1-Resistance level =1.8385
2-Resistance level = 1.8395
3-Resistance level = 1.8405
1-Support level =1.8357
2-Support level = 1.8347
3-Support level =1.8339
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my analysis of Gbp/Aud
Resistance and Supporting level today,s
Today Trend is:bearish
Resistance level today,s is
First Resistance is:1.8378
Second Resistance is: 1.8391
Third Resistance is: 1.8403
Supporting levels today,s is
First Support is: 1.8351
Second Support is:1.8339
Third Support is:1.8327
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I use scalping strategies on this currency pairs Gbp/Aud so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.8217 then also there are some indicators that I use as the Bollinger Bands is OVERBOUGHT, ADX is DOWN TREND, Stochastic is OVERBOUGHT.
Then consider the position if the market trend is moving toward more leads OVERBOUGHT,
then I strongly encourage you to order BUY at current market at 06:21 and use a stop loss and take profit of 60 pips
is the take profit at 1.8242 and stop loss at 1.8192
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Currency pair is : Gbp/Aud
Trend is : sell
Resistance and supporting level of this pair is :
Resistance level of this pair is:
1# Resistance is: 1.8365
2# Resistance is: 1.8376
3# Resistance is: 1.8388
Supporting level of this pair is :
1# Supporting is: 1.8342
2# Supporting is: 1.8330
3# Supporting is: 1.8319
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Today gbp/aud rate is 1.83620
In my observation the profitable next selling ponit will be 1.83520
and by my mind the profitable next buy point will be 1.83720
You will earn more money if you will follow my views
because i have posted this after checking the previous routine clearly
good luck