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Bearish: Currently we are @ 1.8642 in a range and out of a rising wedge with an immediate reaction and no follow through YET! IF we can break the support here, we are looking for the continuation to the 0.382 Fibo @ 1.8524. The overall target is the 0.618 Fibo @ 1.8399 area. The average daily true range (ATR) for the pair currently is 166 pips
GBPAUD Analysis
Support 1.8591
Support 1.8464
Support 1.8385
Resistance 1.8795
Resistance 1.8877
Resistance 1.9008
Before entering into any transaction, you should know your pain threshold. The best way is to make sure that your losses are controlled and that you will not enter a trade for emotional reasons. Investing in Forex trading is difficult; there are many more losses than successful transactions.
Technical analysis of this pair gbp/aud is bearish trend today.
1. Resistance level is
1st. 1.8632
2nd. 1.8792
3rd. 1.8892
2. Supporting level is.
1st. 1.8371
2nd. 1.8271
3rd. 1.8110
Technical analysis for Daily forecast of GBPAUD 06 November, 2014. In Daily chart GBPAUD shows bullish trend. At present GBPAUD above the pivot point and going towards the 1st resistance level. If 1st resistance level breaks then next strong resistance level is 1.93295.
Pivot: 1.84941
Resistance levels
R1 1.87254
R2 1.88670
R3 1.90983
R4 1.93295
Support levels
S1 1.83525
S2 1.81212
S3 1.79796
S4 1.78379
current price of gbp/aud on forex is 1.8427
by observing all the routine of the market carefully,now i say this pair is in selling trend,all signals show selling trend,most profitable points will be as under
sell 1.8450
tp 1.8320
sl 1.8520
good luck
GBP/AUD market technical analysis
market trend is bearish
market price = 1.8429
Resistance levels
the market could break the first resistance at =1.8443
the market could break the second resistance level at =1.8455
the market could break the third resistance level at =1.8465
Support levels
the market could break the first support levels at =1.8416
the market could break the second support level at =1.8404
the market could break the third support level at =1.8393
my dear sir today of my tachnical analysis is gbp aud sell to bearish trends
Resistance level 1 # 1.8499
Resistance level 2 # 1.8520
Resistance level 3 # 1.8550
Support level 1 # 1.8426
Support level 2 # 1.8400
Support level 3 # 1.8370
Gbp/Aud pair is currently traded at 1.8433 and is strong Bearish condition. I suggest Sell order with stop loss at 1.8476 and take profit at 1.8376 price levels.
Support and Resistance levels for this pair is:
First Support; 1.8426
Second Support: 1.8409
Third Support: 1.8385
First Resistance; 1.8447
Second Resistance; 1.8468
Third Resistance; 1.8477
Currency pair is : gbpaud
Trend is : sell
Resistance and supporting level
Resistance level
1 Resistance is: 1.8460
2 Resistance is: 1.8480
3 Resistance is: 1.8498
Supporting level
1 Supporting is: 1.8420
2 Supporting is: 1.8399
3 Supporting is: 1.8380