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GBPAUD: Ichimoku - Stochastic Setup (Technical Analysis)

The prevailing trend of the pair is up and almost surely the price movement is still going up. As the indicator shows that the price is far above the Kumo this January. It is confirmed by the Stochastic volume level. The last candle indicates that the price goes around 1.9500. Therefore, on the 1st of April, the closing rate of the pair will hit or touch 1.9954.
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GBPAUD: It's still strong bullish

In order to predict the closing price of the pair, I use the Rising Wedge 78% Dec. pattern. The uptrending started on December 31, 2012, and when the chart was taken, the price move around 1.7265. Based on the pattern and the indicator of Stoch (14, 3, 3), the price of the pair on the 2nd of December will hit or touch 1.7571
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