Tag Archives: GBPAUD

GBP: AUD – Divergence Set Up

After a month of full on trending, some of the Aussie pairs are beginning to show signs of divergence. GBP: AUD looks the most clear cut example to me. A weak close to the current candle would also mean an … Continue reading

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Bollinger Band Setup – GBP: AUD

A potential buy setup here could see a good sized correction of the 9% decline that’s occurred in the Pound against the Aussie since New Year’s Day. If one must back the Poms against the Aussie to make money, this looks a better option than the … Continue reading

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GBP:AUD – Day traders set up

As we head into the start of the European session tonight, I though readers may be interested in this example of a triangle set up in the GBP:AUD 5 minute chart.

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Driving the wedge – GBPAUD set for an hourly breakout

Yesterday it was the triangle and today it’s the wedge setup on the hourly GBPAUD chart. Something that we have discussed repeatedly in the past is the need to look at higher timeframes before making your trading decisions and this … Continue reading

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