GBPAUD best reading of shorter cycles suggests pair is in a WXY (7 swing Elliott Wave structure) from 2/12 peak. Decline from 2.0028 - 1.9568 was in 3 waves which was followed by a recovery to fail below the high and a move lower again. …
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Key technical setups discussed on USDOLLAR, GBPAUD, USDCAD, Crude Oil, NZDUSD, USDJPY, EURUSD, EURAUD, Gold EURGBP, GBPUSD & GBPJPY. Continue tracking these setups and more throughout the week- Subscribe to SB …
Notes: GBPAUD is trading within the confines of a descending median-line formation off the weekly highs with the risk for a deeper pullback before resumption of the broader up-trend. The pair is now testing confluence resistance into the 2.19 …
Broader Technical Outlook: GBPAUD is approaching a key area of confluence support at 1.6976-1.7044-a region defined by the July low, the 76.4% retracement of the August advance, the lower median-line parallel extending off the yearly lows …
- GBPAUD, GBPNZD reverse losses at familiar support levels. - EURGBP, EURUSD dip back towards recent lows. - See the DailyFX economic calendar for Monday, July 27, 2015. For at least one of the two central banks closest towards …
GBPAUD 1-hr: January --- Written by Paul Robinson, DailyFX Research To contact Paul, you can email him at probinson@fxcm.com original source DailyFX provides forex news and technical analysis on the trends that influence …
Notes: The GBPAUD looks to have broken trendline resistance dating back to the March high with today’s advance also breaching the weekly opening range high at 1.7842. Although our broader bias remains weighted to the downside below …