website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast British Pound / Australian Dollar technical chart
Symbol GBPAUD

Download MT4 template file

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 4, 2019 - 17:57
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 1.88600, beginning of downtrend is expected.
  • We make sure when the support at 1.81100 breaks.
  • If the resistance at 1.88600 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • The RSI downtrend #1 is broken, so the probability of beginning of downtrend is decreased.
  • A trough is formed in daily chart at 1.8301 on 04/30/2019, so more gains maximum to Major Resistance (1.8860) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 69.

Supports and Resistances:

  1. 2.2400
  2. 2.1470
  3. 2.0535
  4. 2.0000
  5. 1.9685
  6. 1.9440
  7. 1.9305
  8. 1.9030
  9. 1.8510
  10. 1.8370
  11. 1.8215
  12. 1.7940
  13. 1.7650
  14. 1.7285
  15. 1.6860
  16. 1.5790
Click on the level to view price action history.