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...
My dear followers, I analysed this chart on GBPAUD and concluded the following: The market is trading on 1.9258 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.9433 Safe Stop Loss - 1.9161 About Used Indicators: A super-trend indicator is plotted on either above or...
Hello Traders, This pair is trading in a weekly demand order block from which price could rally. We also have an unmitigated price level which price could go mitigate. Keep an eye on this pair. I will be monitoring this pair on the 1-hour timeframe to see if there would be a CHOCH from bearish to bullish to go long. Follow for more updates. Cheers, Jabari
Although in long-term view price is in bullish Daily and weekly move, but in short term price managed to form bearish market structure ( I mean 4H and 1H timeframe ) so its possible to look for selling opportunities but with extra cautious. As we can see in the chart we have valid 4H bearish channel, price recently broke below supportive area which hold price...
**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...
hello traders so as i predicted last week GBPAUD Broke and Closed below the local Bullish correctional trendline and a support level which also plays a neckline for the double top. this indicate bearish strength and dominance. for the trade i am waiting for the price to go up and retest the trendline and the key level. this will give us an excellent entry...
Here is our detailed technical review for GBPAUD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.924. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.945 level. P.S The term oversold...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.94000. Fundamental analysis: Next week on...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
After finally breaking out of the long term resistance @ 1.91 area in July the market made a strong rally stopping shy of the 2.0 price level which as we have seen was a strong resistance level. Is the sell off from this level just some profit taking and are buyers getting ready to position themselves back in the market around 1.91 for another push higher towards...
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9242 Bias - Bullish Safe Stop Loss - 1.9121 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.9457 About Used Indicators: For...
#GBPAUD Sell Idea ...............................................................
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!❤️
Hi Traders! There is a potential triangle break on the GBPAUD 1D chart. Price Action 📊 Descending triangle with lower highs and lower lows. The market has also broken and been below the 20 EMA for the past 5 days. Looking for a momentum break below the support trendline for a possible short entry to the target area between 1.92500 and 1.92100. Support ...
Hello,Traders! GBP-AUD was trading in an Uptrend along the rising Support line but then a Bearish breakout happened So I am bearish biased now And I think that we will see A move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPAUD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPAUD Entry Level - 1.9266 Sl - 1.9153 Tp - 1.9499 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPAUD is trading in more like of falling wedge pattern and recently it seems like bulls are starting to take the charge and are about to breakout from wedge with significant bullish divergence as well. Currently the price is forming a local support around 1.9400 region. Will the bulls take charge again continue for leg higher?
My analysis of the GBPAUD forex pair is as follows: Market Structure: I have identified the MINOR wave structure, marked in BLUE on the chart. The corrective wave structure, labeled 0A-BC and marked in RED, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. Price Action Momentum Channel:...