Loading...

gbpaud

GBP Higher on Record Manufacturing PMI
GBP Higher on Record Manufacturing PMI

The latest round of UK economic data today has helped lift the British Pound further. Following news earlier in the week that UK inflation had more than doubled over the last month, the latest set of...

GBPAUD Breaks Out As UK Inflation Doubles in April
GBPAUD Breaks Out As UK Inflation Doubles in April

Inflation Jumps in April The British Pound has been given yet a further boost today with the latest inflation data from the Office for National Statistics showing that consumer prices more than...

Market Spotlight: GBPAUD Breakout Trade
Market Spotlight: GBPAUD Breakout Trade

GBPAUD At Breakout Point GBPAUD is at an interesting point here where the ascending triangle pattern, which has frame the last few months of price action, looks poised to break higher. The break above...

GBPAUD approaching support, potential bounce!
GBPAUD approaching support, potential bounce!

GBPAUD is approaching our first support at 1.7892 (horizontal overlap support, 100% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this...

GBPAUD approaching resistance, potential bounce!
GBPAUD approaching resistance, potential bounce!

GBPAUD is approaching our first resistance at 1.7957 (Horizontal overlap resistance, 100% fibonacci extension, 50% fibonacci retracement) and a strong drop might occur below this...

GBPAUD approaching support, potential bounce!
GBPAUD approaching support, potential bounce!

GBPAUD is approaching our first support at 1.7825 (horizontal overlap support , 23.6% fiboancci retracement) and a strong bounce might occur above this level pushing price up to our major...

GBPAUD approaching resistance, potential drop!
GBPAUD approaching resistance, potential drop!

GBPAUD is approaching our first resistance at 1.7618 (61.8% fibonacci retracement, 23.6% fibonacci extension, horizontal overlap resistance) and a strong drop might occur below...

GBPAUD approaching support, potential bounce!
GBPAUD approaching support, potential bounce!

GBPAUD is approaching our first support at 1.7972 (horizontal swing low support, 61.8% Fibonacci extension, 50% Fibonacci retracement) and a strong bounce might occur above this...

GBPAUD approaching resistance, potential drop!
GBPAUD approaching resistance, potential drop!

GBPAUD is approaching our first resistance at 1.8221 (horizontal overlap resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur below...