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Gbpaudlong

GBPAUD approaching 1st support, potential for a bounce!Price is approaching our 1st support, which is in line with our 76.4% Fibonacci retracement, 161.8% Fibonacci extension, and ascending trendline support. We could potentially see a bounce at this level as price continues to hold above the ascending trendline support, and a further push up towards our 1st resistance, which is in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is worth noting that the Stochastic indicator is also approaching the lower support level at 5.64 where it has reacted off before. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish . However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
Long
by Jake-from-the-trading-Cartel
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish. However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
Long
by Jake-from-the-trading-Cartel
GBPAUD: Price Retested Support Level...Now???Today's candle made a nice retest to the support level @1.7960 and rejected off that price level (Refer to H1/H4 timeframe). For now, I am seeing GBPAUD breaking out of 1.7960 level towards the upside. We managed to see a nice rejection off our moving averages followed by a retest to the broken resistance level (1.7960). For now, I will be expecting a BULLISH movement towards 1.8127 minimally with a potential movement back to a strong resistance level @1.8330. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
GBP/AUD Possible 👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - RSI is give us signal for BUY. - EMA's give us BUY signal. - Trendline is broken. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Long
by TBFinan