Tag Archive for: GBP/AUD

Factor Update, December 22, 2023

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Forex Ideas Peter Brandt

Forex Ideas

Forex Ideas

Below are some interesting Forex ideas I’ve been tracking.

GBP/AUD — the advance on Friday completed a 14-week Cup and Handle buy signal in this forex cross. I am interested in buying a slight retest of this pattern if given the opportunity, but I will not chase the advance.   I would limit my risk on this trade to 40 basis points.


forex ideas peter brandt factor gbp


New Zealand Dollar futures

The daily chart is forming a textbook symmetrical triangle top pattern. I typically do not like trading the symmetrical triangle pattern, but in this case the lower boundary is horizontal enough that I am interested in the short side.


forex ideas peter brandt factor nzd


Mexican Peso futures

The monthly graph displays a possible 2+ year H&S bottom – the right shoulder is forming an independent inverted H&S as seen on the weekly and daily graphs. Factor is flat. I will buy a breakout of the daily chart H&S and then explore extending long leverage should the weekly H&S bottom be completed.


forex ideas peter brandt factor peso2





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Factor Alert, March 17, 2018 — Australian Dollar weakness

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Charts that have my attention

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