{"id":7608,"date":"2010-03-16T08:28:58","date_gmt":"2010-03-16T12:28:58","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7608"},"modified":"2010-03-16T08:28:58","modified_gmt":"2010-03-16T12:28:58","slug":"gbpaud-freefalls-with-no-apparent-stops","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/16\/gbpaud-freefalls-with-no-apparent-stops\/","title":{"rendered":"GBP\/AUD Freefalls with No Apparent Stops"},"content":{"rendered":"<p><strong>By Yan Petters<\/strong> &#8211; The GBP\/AUD pair is dropping quite constantly for almost two years  now. Normally, traders are advised to stay away from this pair as it is  considered to be too volatile, and is even named by several analysts as  an exotic pair. However, traders should not miss out on such unique  opportunity.<\/p>\n<p>\u2022 The chart below is the GBP\/AUD 1-Week chart by ForexYard.<br \/>\n\u2022 The technical indicators used are the Bollinger Bands, the Slow  Stochastic, the MACD\/OsMA and the Relative Strength Index (RSI).<br \/>\n\u2022 The MACD provide a bearish cross once again, indicating that the  freefall has more room to go.<br \/>\n\u2022 The RSI has failed to reach the 60 line, and has once again dropped  into the \u2018Over-Sold\u2019 zone. This suggests that the momentum is still  bearish.<br \/>\n\u2022 Nevertheless, the Slow Stochastic shows a bullish cross, which means  that the bearish momentum might halt a bit. Yet as the last 2 years  shows us, bullish crosses of the Slow Stochastic have predicted halts in  the bearish trend and not bullish reversal.<br \/>\n\u2022 It seems that as long that the Pound continues to fall on all fronts,  the largest drop will take place against the AUD.<\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/03\/GBPAUD.bmp\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/03\/GBPAUD.bmp\" alt=\"\" width=\"595\" height=\"545\" \/><\/a><\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex  Yard.<\/strong><\/a><\/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 Yan Petters &#8211; The GBP\/AUD pair is dropping quite constantly for almost two years now. Normally, traders are advised to stay away from this pair as it is considered to be too volatile, and is even named by several analysts as an exotic pair. However, traders should not miss out on such unique opportunity. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/03\/16\/gbpaud-freefalls-with-no-apparent-stops\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GBP\/AUD Freefalls with No Apparent Stops&#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-7608","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7608","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=7608"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7608\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}