Trend Hunter performance since 2015 for this symbol
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|Weekly forecast||British Pound vs. Australian Dollar technical chart|
There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (1.8510 to 1.8725). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.
While the price is above the level 1.8370, the probability of beginning of downtrend is too weak, so we would enter the market with sell trades based on Daily-Trading-Opportunities and a day close price below 1.8370 and expect to reach short-term targets.
|Date||Sat, 01/12/2019 - 20:46|
|Forecast||beginning of downtrend|