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GBPAUD is moving in opposite correlation to AUDUSD

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Yesterday's AUDUSD analysis on Session Recap webinar has already been respected as AUDUSD moved +50 pips from POC also providing us with the cue where the GBPAUD may go. As you can see from the correlation table which is a part of Admiral Markets Supreme Edition AUDUSD and GBPAUD are moving in the opposite direction that is indicated by a strong negative index -92. As my Session Recap analysis predicted AUDUSD rejected straight from 0.7570 while GBPAUD continued north. Technically there is

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