GBPAUD - RSI Divergence + Weekly Range Exceeded

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1. Price is at 1.86000 (00s)

2. Price missed daily pivots two days in a row (Rob Booker concept - high probability price about to turn)

3. Weeky Projection High - exceeded

4. Price-RSI Divergence

5. Missed Pivots as targets

I am bullish on AUD (AUDUSD/AUDJPY) next week but also bullish on GBP (GBPUSD) so this could be contradictory for my other GBP trading plans that I am bearish GBPAUD. Potentially this pair will not move as clean as we would assume both currencies would be strong. We shall see. If GBP is stronger than AUD, then this pair would move sideways whilst i still expect AUDUSD and AUDJPY to rally. If AUD be stronger than GBP, this pair could fall as anticipated but I still expect GBPUSD to continue to rally.

Here are the links of my other trading ideas for AUD and GBP

AUDUSD - https://www.tradingview.com/chart/AUDUSD/htrEThdT-AUDUSD-RSI-Convergence-Weekly-Range-Exceeded/

AUDJPY- https://www.tradingview.com/chart/AUDJPY/KqK0oilq-AUDJPY-RSI-Convergence/

GBPUSD - https://www.tradingview.com/chart/GBPUSD/uWJx0N72-GBPUSD-Brexit-Deal-Close-Price-missed-pivot/

Penafian

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