GBPAUD ANALYSIS JANUARY 2021

ANALYSIS 25-Jan-2021

CMP: 1.7712; RES:  1.7870; SUP: 1.7414/1.7099

Break of 1.7870, can see more up.

Break of 1.7099, can see big fall towards 1.4500

ANALYSIS 21-Jan-2021 BULL or BEAR?

CMP: 1.7653

SUP: 1.7413

RES: 1.7705/1.7737

As long as the above resistances hold, we can see 1.7587-75, 1.75533-37, 1.7517-09.

Expecting strong rally from reversal.

Break of 1.7737, we will see 1.7827, 1.7903, 1.8102...

GBPAUD ANALYSIS JANUARY 2021

ANALYSIS 16-JAN-2021

CMP: 1.7631; RES: 1.8527/2.0595; SUP: 1.7413

Are we in upside correction?

Based on Weekly Chart, downside min target done at 1.7413.

Extension can be 1.7243-1.7121, 1.6577-1.6491, 1.5371-1.5168, 1.4626-1.4376.

Based on Daily chart,

If 1.7413 support holds, we can see 1.7676-1.7727, 1.7839-1.7866, 1.7968, 1.8102, 1.8200.

Based on Hourly chart,

If 1.7543/1.7413 holds support, we can see 1.7678, 1.7700. 1.7734.

As of now my preference stay aside with this pair.

It looks like bulls can take charge if 1.7413 holds support.

Previous Analysis: https://rajtechanalysis.blogspot.com/2021/01/gbp-pairs-04-jan-2021.html

GBP PAIRS 04-JAN-2021

GBPAUD

 

GBPCHF

 

GBPJPY

 

GBPNZD 

 

GBPAUD: Topping is in progress? 31-Jan-2020

CMP: 1.9509; Sup: 1.8640
I expect this pair is going to top out soon for bigger correction.

GBPAUD: Medium Term down, Long Term Bull? 29-Jan-2020

CMP: 1.9224; Res: 1.9355/1.9525; Sup: 1.8640

Long Term

Based on Daily chart, I expect to see another up move towards 1.9524-1.9717, 2,0191, 2.0854...

Short/Medium Term

As long as 1.9355/1.9525 resists, I expect to see a retest of 1.8640.
Further targets: 1.8471-1.8262.

If the lower trend line supports, we will see a final leg of up move towards 1.9524 initially.

GBPAUD: Long Term Bull, Short Term Bear 19-Jan-2020

CMP: 1.8929

Based on Weekly Chart,
Res: 2.2384; Sup: 1.7561/1.5642/1.4379
We are in positional upside targeting 2.0587, 2.2384, 2.3644-2.5532.

Based on 4H Chart,
Res: 1.9005/1.9159/1.9524; Sup: 1.8770/1.8640/1.7561
As long as 1.9005/1.9159/1.9524 resists, we can see 1.8774 initially and min target 1.8640-1.8542.
Further targets: 1.8311-1.8275 (ultimate target), 1.8136-1.8066.