Many strong resistance zones have been encountered, promoting strong buy signals, and the upward momentum will attract investors back. Please set TP and SL to protect your account and win the market
Delving into the current dynamics of the GBPAUD currency pair, our analysis reveals a predominantly bullish market trend on higher time frames, notably the monthly and weekly charts. Focusing on the daily time frame, we are strategically seeking an entry point. Presently, the price has undergone a substantial swing and is in the process of retracement. Our...
Dear colleagues, Hope you are having a great weekend, today we are focusing on GBPAUD, the price dropped due to XAU(GOLD) extreme bullish momentum, however, as the trend of the gold changed and AUD currency index indicating that bear will have extreme presence in coming days. That is one of the main reason that is why we think that Gbpaud trend has not yet...
H1 - Bullish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.
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FX:GBPAUD has been been attempting to push higher creating some higher lows on the H4 TF. Are we going to see a continued push? That remains to be seen. My Immediate support areas: 1) 1.91936 2) 1.90541 My immediate Resistance areas (Targets) 1) 1.94971 2) 1.97279 Disclaimer: All trade ideas are given for educational purposes and should not be treated as an...
GBPAUD pair is engaged in an upward trend, with a current trading price of 1.8990. However, it is worth noting that this price has experienced a decline since reaching a high of 1.9970. As we analyze the market, we anticipate that the price will continue to decrease until it reaches the trend support level of 1.8900.
A contra trade setup 🕛 TOPDOWN Analysis - A Decade of Consolidation in Yearly Chart Overview: The yearly market has been locked in a consolidation phase for the past decade. On the monthly chart, an internal bullish structure was established, achieving its target. However, a strong bearish engulfing candle signals a potential reversal. The weekly chart reveals...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello fellow traders! GBP/AUD is trading today along the rising support line, which the pair has been following since the beginning of the year. Previously, the pair failed to break the line and consolidate below it. This week, I believe we will see a further rise from the line. I recommend to place a long position from the price of 1.94450. Stop loss at...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
H1 - Higher highs. No opposite signs. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.
GBP-AUD was trading along The rising support line But now we are seeing a Bearish breakout so I am Now bearish biased and I think that pair will go down!
Analysis: Bullish Confluences In an upwards trend Break & retest of a previous area of resistance for support 38.2% fib retracement level present Upwards trendline present GBP is the second strongest major currency where as the AUD is the 7th strongest major currency 25K short positions decrease for the GBP 2K short position increase for the AUD ...
GBP-AUD is trading in The uptrend and the pair Has formed a bullish flag I think thatThe price will keep growing!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.