GBPAUD multiple buy signals

July 17, 2014 by

On GBPAUD we are seeing multiple buy signals today.

There is a good trendline on the daily which has been the bottom today at around 1.8204 area, see the chart.

gbpaud daily

gbpaud daily

Also the Parkers strategy and the Ranger strategy are giving buy signals as well.  GBP has been very strong in recent weeks across the board with the good data coming out and this could be a good area to be getting long