GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
LLOYDS BANKING GROUP PLC ORD 10P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), POWERHOUSE ENERGY GROUP PLC ORD 0.5P, UK OIL & GAS PLC ORD 0.01P, VODAFONE GROUP PLC ORD USD0.20 20/21, UNION JACK OIL PLC ORD 0.025P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
I have done some quite detailed analysis on this pair using price action, key levels and some intermediate patterns.
GBPAUD has been falling since it tapped the 1.8450 Resistance and after consolidation it finally broke down all the way back to the 1.76000 Support. This is where price currently stalls and I think multiple rejections of this current level will ...
GBPJPY has been uptrending since the 2nd of March 2018 after it tapped the 145.000 Support level. It has risen back to the 151.500 Resistance level, which falls almost perfectly with a 0.618 retracement on the Fibonacci levels. There is also a flag pattern evident and I am soon expecting a fall and break of this flag pattern back to the downside.
Reasons for ...
Previously we have seen an inverted head & Shoulder pattern on this pair, this has now been confirmed and the neckline/resistance barrier of 132.00 has now held and been successfully broken and is currently trading at 132.362. I am expecting a slight pullback to 132.000 before making a push higher towards the 133.000 resistance level.
Reasons for this long ...