Technical Updates

GBP/AUD Confirms Down to 1.442x & 1.413x Levels

Indicators :

– RSI Period 14 with 30 level as oversold and 70 level as overbought.

– The 4X1, 2X1, 1X1, 1X2 and 1X4 Gann Angels.

– Gann’s Price&Timing Study.

– Simple Moving Average 50 Period (Blue), 100 Period (Red) and 200 Period (Green) on the chart.

  • Last week, the GBP/AUD went testing broke “all time low” support as resistance then move downward again.
GBP/AUD Daily July 24, 2011

Daily Chart

  • All signal are very clear, I expected the target at 1.442x or better to 1.413x level from the different previous price projection.

 
Earlier:

      • GBP/AUD No Slidely In Bearish Scenario


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