Hello
everyone!
This is the
king with an exciting trade opportunity for you today on the GBPAUD pair with
700 points potential gain..
So lets get
down on this just as it's hot. We have been tracking GBPAUD pair since January
this year and believe you me, it has been really consistent without being
partial in its' generosity. The GBP strength is matching perfectly with recent
AUD weakness and the evidence of that can be seen with the recent 1,800 pip
move on the daily chart. Momentum continues to build a very bearish divergence
with every new high as can be seen on the daily chart. Most interesting part is
the MAP gbpaud is carving out, which is fractally the most sexy thing out there
ready for a 700 points before overall perspective is revisited again for our
yearly, (permit me to use my mentors terms, EDMATTS) FATPITCH trade. This short term bearish view
is consistent with the short term top historical analogy (1.9200) of
01-24-2014 for a 2,000 points correction before the larger rally, hence
we are carefully short 2.0854 and 2.0710 for a 700 points correction with
2.1020 as stop out level while maintaining longer term bullish view.
That's it on
GBPAUD special report from yours truly, the King.
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Thanks for
reading, have a great day!
