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.
if we pull the trendline as in the picture, it looks like a bullish channel. today there has been a high enough bullish movement to form a BoS. the closest target is the channel trendline above.
GBPAUD is forming triple top on 1hr chart hopefully we can see the sell pressure through this resistance. Manage your risk accordingly.
GBPAUD is forming double top on 1hr chart hopefully we can see the sell pressure through this resistance.
for now the price looks bearish. if we pull the fibo retracement, then there is a possibility that the price will be pulled down to strong support in the 0.236 area, where the area is also an SnD area and also as an SR Flip area.
GBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows. Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern. Once the neckline is broken out, I expect price to rise further. Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.
After the liquidity taken and change of character and the rejection of the Order Block we will see a drop in the price it's just idea
FX:GBPAUD GBPAUD Sell NOW TOP 1.89800 Top 2 1.89600 Top 3 1.89500 It has reached to resistance
Based on our analysis, we anticipate a bullish trend for the GBPAUD pair in the coming weeks. The fundamental factors indicate a relatively stronger outlook for the GBP compared to the AUD. Positive economic data and improving sentiment in the UK, coupled with potential uncertainties surrounding the Australian economy, suggest a favorable environment for the...
GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD. Disclaimer: The information provided is for general...
looking bearish trend bec bullish trend CHoCH in 4h timeframe now follow ABC pattern
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.
Dear traders, GBPAUD is forming in rectangle with strong support and resistance. We expect the price will reach 1.86071 and continue decreasing by 377 points. If you have any question, please subcribe the Channel. Regards
The GBPAUD currency pair is showing indications of a potential reversal based on a double bottom pattern observed on the regional chart. This pattern suggests that the price has reached a support level twice and is likely to reverse its downtrend. Traders considering this potential reversal may set a take profit level at 1.870, anticipating an upward price...
Likewise, GBPAUD following the same pattern as EURAUD, price retracing from Monthly Resistance, and possibility pulling back until RBS Monthly. We go for long after confirmation/reactions at the RBS Zone for sure! Major trend - Bullish
for now I think that this pair is in a correction period, with the price having fallen more than the correction confirmation line and now it is likely that it has formed wave (1) and is entering the correction period of wave (2), which means that our focus now is to look for a sell area around the trendline bounce or maybe in the SnD area above.
for now the price is stuck in a fairly strong support area, it has been tested several times. the possibility that happens is that the price will rise first before going down further.
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.