FX:GBPAUD came back to a major zone and forming a potential drop. If price closes as a bearish candle, I'm going in to target 1.89179 as TP 1 and 1.88068 as TP 2
Dear Traders, gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time. If...
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60% Entry Precaution : Wait for Rejection or Retracement
GBPAUD finally broke and closed below the psychological level at 1.88000 and completed the AB=CD pattern. Price action made new low and lower close. Pullback is expected to the confluence zone where we have 38.2% fibo level and dynamic resistance as well as psychological level. We expect a breakout pullback and continuation trade. ------------------- Share...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in accumulation phase as price is in a range for the last 2 months, so I expect we could see AMD pattern. Price to manipulate sell side liquidity and then to distribute higher for buy side liquidity. Fundamental news: Next week on Wednesday will be released monthly GDP on GBP, on...
long setup for GBPAUD with Head and shoulder pattern. Good Ratio = Good Order.
GBP-AUD keeps falling down And the pair looks locally Oversold so after it hits The horizontal support below At 1.89385 I think that we will See a bullish rebound
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...
GBPAUD is in the consolidation phase. As you can see, the market is just consolidating between support and resistance. Price keeps bouncing off the resistance at 1.918000 from the upper border of the consolidation. We expect a bearish move and a retest of the support level. ------------------- Share your opinion in the comments and support the idea with a...
GBPAUD has has been on support trend for the last few days making it seem this can turn bullish for the next up coming weeks. Based off this analysis there is clear indication that holding on long enough can reverse the trend all the way up. Below I have provided full TP, SL, and entry points. Thank you for your time. GBPAUD Buy/Long Entry: 1.90882 TP:...
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
GBPAUD current trend remains strong, not have been broken once in the last few months so it is safe to say to go in with proper risk and trade for a buy/long. Below are the inputs for entry, TP, and SL. GBPAUD Buy/Long ENTRY: 1.90648 TP: 2.01017 SL: 1.89402 2-5% risk capital.
OANDA:EURAUD The relative resilience of the Australian economy suggests scope for the AUD to outperform both the NZD and the EUR over the coming months, economists at Rabobank report. OANDA:GBPAUD We are therefore looking at a trend continuation play in the GBPAUD. The recent daily pull back is now showing some bullish price action in the form of a bullish...
FX:GBPAUD Has broken the most recent H4 trendline and equally broken the strong support around the 1.92000. I will wait for the retest of the zone before taking an entry around the 1.92000 area. When that happens, I will target 1. 1.90380 and 2. 1.89187 with my stop at 1.92696 A break above the 1.93208 will mean the bearish condition is invalid and will look...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here I expect price could make a retracement to fill the imbalances lower and then to reject from bullish order block + institutional big figure 1.91000. Fundamental news: Next week on Wednesday will be released yearly CPI on GBP and on Friday Unemployment Rate on AUD. These are important...
A weak US CPI hurts the dollar a lot. Tuesday saw a significant decline in the value of the US dollar after statistics revealed that US consumer prices were unchanged in October but increased 3.2% year over year, less than anticipated, following a 3.7% increase in September. The most important factor in determining whether the Fed will continue to tighten policy...
GBPAUD is currently testing the structure resistance level. Price has rejected this level 1.92500 twice before. Price action printed a bearish harmonic pattern. We expect a structure based trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPAUD is currently testing the structure resistance level at 1.92500. Price has dropped from this level before. Look left. Price action printed a bearish harmonic pattern on the 4-hourly timeframe, adding move confluence to this level. We expect a structure-based trade, meaning a rejection candle as an entry signal. ------------------- Share your opinion in...