{"id":17978,"date":"2011-01-12T08:45:32","date_gmt":"2011-01-12T13:45:32","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17978"},"modified":"2011-01-12T08:45:32","modified_gmt":"2011-01-12T13:45:32","slug":"gbpaud-bearish-signal","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/01\/12\/gbpaud-bearish-signal\/","title":{"rendered":"GBP\/AUD-Bearish Signal"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>This pair\u2019s sustained upward movement has finally pushed its price  into the over-bought territory on the daily chart\u2019s RSI. Not only that,  but there actually appears to be a bearish cross on the Slow Stochastic  pointing to an imminent downward correction. Forex traders have the  opportunity to wait for the downward breach on the hourlies and go short  in order to ride out the impending wave.<\/p>\n<p>\u2022\tThe next resistance levels are found at the 0.8345, 0.8375 and 0.8405 levels.<br \/>\n\u2022\tThe next support levels are 1.5750, 1.5725 and 1.5690 levels.<\/p>\n<p><strong>GBP\/AUD Daily Chart<\/strong><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/GBP-AUD-12-1-2011.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2011\/01\/GBP-AUD-12-1-2011.JPG\" alt=\"\" width=\"507\" height=\"560\" \/><\/a><\/p>\n<p><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by ForexYard. <\/a><\/strong><\/em><em><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><br \/>\n<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                                                                                                                                                              may              not             be                                         suitable                     for                   all                                                                   investors.                                     There                         is        a                                                                                                                possibility                                          that                                                       you                                    could                                                 sustain  a                      loss                                of            all                        of                             your                                                                                                       investment           and                                                                                     therefore            you                                                                    should                    not                                                 invest                                                 money                    that                         you                                                                 cannot                                              afford       to                                                        lose.               You                                                              should                         be                                aware                    of                                            all                            the                           risks                                                                                    associated                                 with                                         Foreign                                                          Exchange                                                                   trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat This pair\u2019s sustained upward movement has finally pushed its price into the over-bought territory on the daily chart\u2019s RSI. Not only that, but there actually appears to be a bearish cross on the Slow Stochastic pointing to an imminent downward correction. Forex traders have the opportunity to wait for the downward breach &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/01\/12\/gbpaud-bearish-signal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBP\/AUD-Bearish Signal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17978","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=17978"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17978\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}