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Gbpaudlong

GBPAUD to find support at previous resistance?GBPAUD - 24h expiry - We look to Buy at 1.7875 (stop at 1.7815) Previous support located at 1.7900. Previous resistance located at 1.8000. Price action has stalled at good resistance levels and currently trades just below here (1.8000). A lower correction is expected. Dips continue to attract buyers. A move through 1.8000 will confirm the bullish momentum. Our profit targets will be 1.8025 and 1.8055 Resistance: 1.8000 / 1.8100 / 1.8150 Support: 1.7900 / 1.7875 / 1.7800 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
GBPAUD - Long from bullish order block ✅Hello traders! ‼️ This is my perspective of GBPAUD . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to continue the retracement to fill the imbalance lower and then to reject from bullish order block. ‼️Attention!!! Due to the fact that we have news events on AUD next Tuesday and on GBP next Friday, the analysis can be invalidated. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
2
Yemi_Fx1 | Long for GBPAUDOn this Pair previously price has make an impulsive, correction movement. Currently it's in a phase of correction in the form of a tight flag pattern. Anticipating for an upward movement. I'll be considering A Risk entry type at the bottom of the flag structure at an area of value. Reduced risk entry after the impulsive move followed by a tight flag or break of the flag. Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
Long
by Yemi_Fx1
3
GBPAUD Trading Plan - 8/Feb/2023Hello Traders, Hope you all are doing good!! I expect GBPAUD to go Up after testing OB + Gap. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
GBPAUDIf you followed my analysis on GA last week, we took a short buy which got to our TP but as i said the overall trend on GBPAUD was a sell. The sell did happen at resistance level of 1.76229 around the 50% fib level but price got rejected again on the support level at 1.72596 and also bounced off my trendline (Third touch) which further confirms the change in price direction for a buy. I expect a push back up to 1.76229/1.77262 for a proper rejection before the main SELL happens! Mind you, we also have to take into consideration of the upcoming fundamental news this week on AUD cash rate followed by RBA statement on Tuesday and GBP monetary policy and GDP coming up on Thursday and Friday respectively. Trade recommendations: Look for a buy option around 1.73499 TP 1: 1.74910 TP 2: 1.76229 TP 3: 1.77262 Note: As always we react to what we see in the market!
Long
by djhopssy
GBPAUD longHi traders, today I will share my GBPAUD long setup with you. As you know already we will see an increase of the interest rates at the UK of 0,5% in the upcomming week. The BOE will increase the interest rate after the FED. So from the fundamentel site we have a reason to go long on this pair. On the other hand you can see from technical site a break of the downtrend and a formed higher low after the lower low at the weekly support. Now we see a phase of concolidation before the 1st impulse to the upside. So fasten your seatbelts to catch the move to the upside.
Long
by StefanForex
GBPAUDGA bounced off the demand zone of 1.73410 last week although i won't be surprised if price comes back there to form a double bottom on 4HR timeframe for a proper testing of the zone before the major move upwards to 1.74919 (TP 1) and 1.76357 which will be my final TP and also happens to be 50% FIB level. The overall trend on GBPAUD is sell so the buy i'm taking is a retracement move which happens to be a short buy. The weekly candlestick closed with bearish engulfing and as we all know that engulfing bar rule states that the next candlestick often gets to the 50% level of the previous candlestick hence why we taking the short buy.
Long
by djhopssy
2
GBPAUD BUY So Basically We are In on GBPAUD, On a Longterm Buy Of 300 pips Plus. So we are Waiting Patiently For A short Confirmation Before Making a Buy Moves. Confirmation entry at the Blue line area Which is @1.76596 That’s the Buying area, So let’s move on to the short before the Buy GBPAUD SELL 129 pips SL: 1.78331 TP: 1.76596 Then For our Major Buy which we are all Focusing on GBPAUD BUY 300 pips plus SL: 1.76029 TP: 1.79666 Good Luck Guys If you Like this Analysis Please Drop a Comment thanks guys.
Long
by GoCrazyfx0