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GBPAUD tested the psychological level at 1.92000. The market is just consolidating between support and resistance. Price action made a false breakout of the resistance at 1.92000 and 50% fibo level, which is a shallow higher high, meaning bulls are running out of steam. We expect a bearish move and a retest of the support level. ------------------- Share...
Here is my analysis for GBPAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
looking bearish trend in 4h timeframe beacuse follow descending channel
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 a short. I want price to go a little bit higher to fill the imbalance and then to reject from bearish order block + institutional big figure 1.94000. Like, comment and subscribe to be in touch with...
As seen in previous support key points made by GBPAUD in the last few months, we have seen the support get respected by the trend with more backing evidence the RSI has shown there is support on the moving average indicating we are bullish for the trend we are heading towards. GBPAUD Long/Buy Entry: 1.92304 Stop Loss: 1.88905 Target: TP: 2.04468 SWING...
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Completed the Breakout of the Lower Trend Line and Making its Retracement. Completed " 1234 " Impulsive Wave. Divergence and Rejection from Fibonacci Level - 50.00% Entry Precautions : Wait until it Completes the Retracement and Rejection
GBPAUD broke the ascending channel and tested the support at 1.9100. The market rejected the psychological level at 1.91000 twice. Price action printed a bullish harmonic pattern. We expect a move up since the major trend is bullish. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Hello,Traders! GBPAUD is bullish on the weekly and just broke a key level resistance 1.9230 on the daily. We expect a pullback to the previous structure broken, and will be monitoring for a potential long from 1.9188 zone to the target resistance. Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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...
Hello traders, we want to check the GBPAUD chart. The price has broken the ascending channel to the bottom and is currently moving in a downtrend. The price has pulled back to the specified key level and we expect this level to maintain the downward trend and the price will fall to around 1.89000. Good luck.
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...
GBP-AUD is going up now But a strong horizontal Resistance is ahead at Around 1.92014 so after The price hits the resistance We are likely to see A bearish pullback !
Since last September, GbpAud was on the run, with the pair gaining 4k pips in 11 months. However, after touching the important 2.0 zone, the pair started to roll back down and gave back 1k from these 4k pips. At this moment, the pair is still in an up trend, but is trading very close to the ascending trend line and is flirting again with an old resistance...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here I expect bearish price action as we can see that price rejected from institutional big figure 1.92000. I see price to fill the imbalance lower. Fundamental analysis: Next week on Thursday will be released monthly GDP on GBP, if the result is lower than forecasted it means weakness of...
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 want price to continue the retracement in order to fill the imbalance higher and then to reject from bearish order block. Fundamental analysis: Next week on Tuesday we have important news...
GBPAUD is currently broke and closed above the psychological level at 1.90000. Price rose from the support level after a double bottom. On the 4H chart, price action showed divergence. We expect a move up because on the D chart, the price is still bullish and we have a pinbar at the support level. ------------------- Share your opinion in the comments and...
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