Trade Idea: Selling GBPAUD
Reasoning: Double top on GBPAUD
Entry Level: 1.7643
Take Profit Level: 1.7240
Stop Loss: 1.7830
Risk/Reward: 2.14:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
Trade Idea: Selling GBPAUD
Reasoning: Double top on the 4H Chart
Entry Level: 1.7660
Take Profit Level: 1.7240
Stop Loss: 1.7794
Risk/Reward: 3.09:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
GBPAUD - Intraday - We look to Buy at 1.7000 (stop at 1.6930)
Previous support located at 1.7000. Previous resistance located at 1.7100. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.7000, resulting in improved risk/reward. A move through 1.7100 will confirm the bullish momentum.
Our profit targets will be...
GBPAUD - Intraday - We look to Buy at 1.7253 (stop at 1.7132)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A move lower faces tough support and we remain cautious on downside potential. Bespoke support is located at 1.7250. We therefore, prefer to fade into the dip with a tight stop in anticipation of a...
GBPAUD - Intraday - We look to Sell at 1.7642 (stop at 1.7717)
Intraday signals are bearish. Rallies continue to attract sellers. We can see no technical reason for a change of trend. Trend line resistance is located at 1.7650. Further downside is expected although we prefer to sell into rallies close to the 1.7650 level.
Our profit targets will be 1.7453 and...
GBPAUD - Intraday - We look to Buy at 1.7580 (stop at 1.7512)
Previous resistance at 1.7570 now becomes support. Support could prove difficult to breakdown. We expect a reversal in this move. Dip buying offers good risk/reward.
Our profit targets will be 1.7780 and 1.7800
Resistance: 1.7750 / 1.8120 / 1.9100
Support: 1.7570 / 1.7200 / 1.6200
Risk...
Trade Idea: Buying GBPAUD
Reasoning: Buying at the lower end of a short term channel
Entry Level: 1.7587
Take Profit Level: 1.7857
Stop Loss: 1.7517
Risk/Reward: 3.89:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
After an explosive move down, GBPAUD left a big liquidity void and we all know how much GBP loves to fill liquidity voids, lower time frame is showing bullish price action and making a breaker on the 15 mins after taking out previous swing low on the daily.
R/R setup is great for a long, has a massive upside if trade goes in our direction
Watching for short around 50-61.8 fib resistance
I have entered this trade already and for those who wish to follow more I have a telegram where I post daily content
Telegram: t.me
b]GBPAUD:
1. Sterlingaussie has been aggressively bid higher for the last 7-days on the back of sterling data outperforming last week, broad aussie weakness and a general recovery from lows.
2. Statistically, after analysing the last 16.5yrs of data it shows the probability of a 8th day or more of buying is 0.254% which means there is an implied 98.78% chance...
