Here is our detailed technical review for GBPAUD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.919.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.930 level soon.
P.S
The term oversold refers to a...
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello,Traders!
GBP-AUD went down sharply
And the pair is locally oversold
So as we are already seeing a
Bullish rebound from the
Horizontal support level of 1.911
A further move up is to be expected
Buy
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
hello everyone, price has reached support area, price could further drop more or reverse to the correction point based on the GBP news tomorrow.. overall the price is in downtrend channel so price will either make low high or if there is price manipulation then it will test the resistance trendline at 1.941 if not then 1.926... No BOS on reversal yet... price is...
Hello traders, and happy Monday! :) This setup shows great potential to gain bullish momentum, as the overall higher-time trend is bullish. Currently, it sits on monthly support, and on a weekly basis, the price hasn't broken through the moving averages. Additionally, the average volatility, based on the 7-day and 30-day periods, is overextended, suggesting a...
HERE we can see that price already in a up trend we got an break out wait for the retest after that make a short entry, as shown in the picture follow for more updates...
I've been monitoring this pair for quite some time as its been ranging since February of this year. After a failed breakout attempt in early April, it looks like price is making another attempt at this week's open.
I don't really have a strong directional bias with this pair as it's been in quite a whipsaw pattern for the past couple of months. I'd drop down to...
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.
Head and shoulder set up at the minor quarter point price.
Wait for any retracement before entering the sell . Preferably at a demand turn into supply zone on the 4hr timeframe (tf) .
Hello traders
GBPAUD is under pressure and this is expected to continue.
We can go long on #GBPUSD and short on #GBPAUD and #GBPJPY
This should work well
Best luck for all
As for GBPAUD, we might be looking for a retest, and then the market will be giving bears at the high momentum as for the news event on April 24, 2024 (consumer prices account for a majority of overall inflation). Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation...
we planning on going long on gbpaud, as we saw gbpaud has been in a bullish channnel and it has just reached the bottom of the channel, Witch has caught my attention, I think its a really good setup
