Gbpaudtrade
GBPAUD Possible Pullback (LONG)Pound saw weakness last week due to rising tensions in the world. This week will be much risk on so the pound will gain some strength. What I see on the chart is an over extension of GBP to the downside and I would check the price action in the marked area for a possible pullback to go long. Best of luck
GBPAUD TO BREAK BELOW SUPPORT?Price is currently trading around 1.87800, testing the key support area on the 4-hour time frame.
Recent price action shows lower highs coming into the key area.
If price cracks below this level, I'll be looking for short opportunities to continue this trend to the downside.
GBPAUD Short Idea!Beatiful and clean set up where price has broken major trend on the daily timeframe breaking the ascending daily TL, forming a retest confirmed with a triple top on a KL, so right now after the formation of a new LL a retest to the neck that lines up with Mt 50% and 38% fib, good set worth the shot
GBP/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the GBP/AUD
GBP/AUD Is coming in to a strong support area, I am looking for a rejection in the order block zone and will be looking for a buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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GBPAUD AnalysisHello Traders,
Hope you are having an amazing week !
I am short biased on GBPAUD for the rest of the week, we are breaking impulsively and i expect further continuation to the downside.
I have already taken a position earlier in asian session, hope to see a bit more correction so i can scale in another position.
Wishing you a profitable week ahead!
Disclaimer: this is not financial advice, charts we share should only be used for educational purposes
ETGL Team 💛