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EUR/USD
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EUR/USD Price Forecast: Bullish Momentum Still in Place
2020-07-11 20:00:00
Dow, EURUSD, GBPUSD Breakout Levels and Events Next Week
2020-07-11 02:25:00
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Oil Price Forecast: WTI Jumps Back Above 40, but Can it Maintain?
2020-07-11 01:00:00
Crude Oil Prices May Extend Drop After Covid-19 Surge, Biden Speech
2020-07-09 23:00:00
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Dow Jones, S&P 500, DAX 30, FTSE 100 Outlook: Stocks Week Ahead
2020-07-11 04:00:00
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2020-07-11 02:25:00
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Gold Price Outlook: XAU/USD Pullback in Play – Charts to Watch
2020-07-11 17:30:00
XAU/USD Outlook Bearish For Q3 on Financial Risks, Covid-19 Pandemic
2020-07-10 18:30:00
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GBP/USD Weekly Forecast: GBP Cheers Stimulus, Rally at Risk of Stalling
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2020-07-10 08:11:00
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GBP/AUD

GBP/AUD

2010-03-09 13:43:00
Thomas Long, Course Instructor
Share:

This pair hasn't been this low since 1985. That is about as good as it gets when looking for confirmation of a downtrend. In a downtrend, we want to look for selling opportunities and I would continue to do that as long as this pair remains below the March 4th buy side high of 1.67657 as noted on this chart.
 

gbpaud 030910

 

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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