Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.911 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.91100 support and resistance area. Trade safe, Joe.
After price broke structure to the downside, it retraced and formed liquidity below a supply zone that was left behind during the expansion. Price could now use this supply and liquidity to fuel its move down to take out the weak low.
GBPAUD turned briefly oversold on the 1D technical timeframe (RSI = 30.322, MACD = -0.013, ADX = 62.269) while pricing a LLL at the bottom of the Channel Down and the S1 level. The latter in particular can attract considerable buying power to push it for a 1D MA50 and R1 Zone test. This will determine the trend onwards but on the short term following 6 weeks of...
The GBPAUD pair has broken below the first Channel Up (dotted lines) and in extension the 1D MA100 (green trend-line). Currently it is testing the bottom of the second (and final) Channel Up (blue). Technically that is the most optimal level to buy for the medium-term and target 1.997800 (Resistance 1). On top of that, the 1D RSI bounced back after becoming...
Hello traders, There is one entry and 2 TPs for Pound-Aussie Levels calculated order_block, regarding support and resistances, channel and pivot points.
We can see that GBPAUD has broken the weekly rising trendline with gusto at the end of last week. We have a small pinbar close on Friday which suggests a retracement back up to retest. I'm expecting strength to build up for the AUD with the positive signs coming out of China, we can see it is recovering across most crosses, and sterling weakening. BoE decision...
**Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank...
GBPAUD broke and closed below a solid rising trend line on a daily. That violation is the sign of strength of the sellers and implies at least a local change of character. Probabilities will be high that the pair will drop lower. Next support - 1.91 For entries, consider an occasional retest of a broken trend line. ❤️Please, support my work with like, thank you!❤️
GBP/AUD has retraced from its YTD highs in three waves, and hinted at a swing low with a Doji yesterday. Moreover, the doji formed at a long-term trendline, historical high and 50% retracement level whilst RSI (2) was in the oversold level. The bias remains bullish whilst prices remain this week's low, with an interim target near 1.9700. Given its established...
Hello traders , it looks to me gbpaud may start a strong bearish move. here are our bearish clues : - the price touched a bearish trendline and formed a double top pattern - RSI divergence the indicator shows lower highs and lower lows which indicates that the sellers are getting weaker Trade Confirmation : Breakout of the local bullish trendline and the...
BIG PICTURE TREND IS NEUTRAL (aggressive risk) SLO2 @ 2.0233 ⏳ SLO1 @ 1.9850 📉 TP1 @ 1.9115 TP2 @ 1.8495 TP3 @ 1.8040 TP4 @ 1.7335 BLO1 @ 1.7165 ⏳ BLO2 @ 1.6755 ⏳ Based on the 1W chart for GBPAUD, the pair is currently trading in a symmetrical triangle pattern. This pattern is considered to be a neutral pattern, meaning that it could break out to the upside...
GBPAUD - 24h expiry There is no clear indication that the downward move is coming to an end. We expect a reversal in this move. A move through 1.9600 will confirm the bearish momentum. Short term RSI has turned negative. The measured move target is 1.9400. We look to Sell a break of 1.9600 (stop at 1.9750) Our profit targets will be 1.9480 and 1.9450...
Good day, traders. On a four-hour timeframe, GBPAUD is displaying a bearish continuation pattern. I'll be keeping an eye on the price movement in the 1.9622 Zone for a chance to go short on it with a target price of 1.9500. Use effective risk management. Like and subscribe to help me with my efforts.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPAUD has been overall bullish trading inside the rising channel in blue, and it is currently approaching the lower trendline. Moreover, the 1.94 is a strong support zone. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the...
The GBPAUD pair hit our previous Buy Target as presented (see chart below) last month: The price has now been pulling back within the 7-month Channel Up in search of the next Higher Low. This should be formed at least on the 1D MA50 (blue trend-line) as it did twice before. As a result, we will wait for that buy opportunity and target 2.01500 (1.236 Fibonacci...
Hey Traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.96300 zone, GBPAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.96300 resistance zone. Trade safe, Joe.
GBPAUD posted a green weekly Heiken Ashi candle as well as a green daily Heiken Ashi candle on the daily that followed a red daily Heiken Ashi candle. This is the signal I look for to go long.
Potential divergence created. A previous intraday low was broken and the current high which was broken as well. A bit risky of a setup to be honest but it follows what i like to look for We have GBP news coming up Friday. GBP mortgage rater were higher but the housing price index MoM and YoY were lower with the AUD business confidence coming in higher than...