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GBPAUD FALLING!!

Trading concept:Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
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GBPAUD FALLING!!

Trading concept:Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
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orto leave comments
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GBPAUD FALLING!!

Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20, the trend is bearish with …
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orto leave comments
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GBPAUD FALLING!!

Trading concept:
Stochastic indicator and price action are the only indicators used. When stochastic crosses up,
we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such
areas are overbought areas. So predictions at this point could also be bullish, but bearish
predictions are a good possibility here also. Same applies for when stochastic is below 20,
the rend is bearish wit…
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Aussie to hold steady against the pound

I am not expecting major movement on this pair.
Even though I anticipate gains on the Australian dollar, i do not see it affecting the pound very much.
we can see how the british pound has shown resilience against previous aussie gains.
I forecast that the pair will test its recent highs, and probably breakthrough.
Target is 1.95
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CD1V1 avatar
CD1V1 27 Feb.

The GBP is showing some depreciation, but it is a good call

P3tr4 avatar
P3tr4 27 Feb.

The pair is still less than 200 pips above forecast price.

The Gbp is still showing signs of more gains. we may end the month there.

P3tr4 avatar
P3tr4 27 Feb.

The pair could close around current area, then do a pullback to forecast rice 1.9500.
We will know soon enough.

WallStreet6 avatar

Really close. The aussie might still go up after yesterday's drop. So, good luck!
Great analysis as always:)

WallStreet6 avatar

And the GBp is making some retracement. So going the right direction:)

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GBP decline in jauary!!

On the daily chart, we can see the pair forming a top, still under the upper bollinger band.
i am expecting a decline to start from here, depending on how price closes at the end of the week.
The stochastic indicator is also crossed down, and looking ripe for a fall.
My target is just below the middle line.
on the weekly chart, we can see a possible double top formation.
price breaking this top would nullify this analysis.
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GBPaud going up!!

On the daily chart, we have a candle formation called the hammer. That is strong signal for bullish trend.
there is also god bullish candle on the monthly chart. This forecast is based purely on candle formation.
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GBPAUD rises!!

I expect the pair (GBPAUD) to continue its rise in the coming month.
I expect some retracement downwards, but no by so much. Expecting the AUD to be overwhelmed by the GBP.
On the monthly chart, we see a very strong bullish candle, way above the 20EMA and with the 200EMA (red line) as a possible long term target.
On the daily chart, i expect a downwards retracement.
The retracement might possible reach the 20EMA, which should act as a support.
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Strong AUD Bulls

My prediction for the GBPAUD is for it to drop to 1.72 by the first of May.
The weekly chart shows us a bearish engulf candle pattern, showing that the AUD has started gaining momentum.
The pair can drop as low as 1.67, but i am putting a target of 1.72.
A major support area on the daily chart needs to be broken before this prediction can become a reality.
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GBP to take the GBPAUD high!

With my strong GBP expectations, i expect to see the GBPAUD climb to the 1.88 area. I also expect the AUD to show some strength, so the bullish move will not be as vigorous as we have seen recently.
The daily chart shows a possible double bottom for the pair, with strong potential to climb higher.
the weekly chart shows some bearishness, but i expect a retracement up to my target level...
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