GBPAUD

2 באוג׳ 2017

My Bias is short on this pair based on the monthly and weekly charts i went through beforehand. Price has formed a pennant which seems to be reaching the squeeze phase which will ultimately breakout short according to my analysis. today we saw price rally but unfortunately get rejected by the 1.66278 daily resistance. if the resistance holds we may see the end of the bullish market/ pull back. ideally i am hoping for price to breaks the immediate resistance and rally to the 1.67000 Mid-Range resistance where i will short this baby down to the 59000 Mid-Range/ Support Area to archive 750+pips :).

3 באוג׳ 2017

Note

we have reached the 1.670000, i will be looking for a short entry hereon