GBPAUD Triple Top ChartGBPAUD is forming triple top on 1hr chart hopefully we can see the sell pressure through this resistance.
Manage your risk accordingly.
Gbpaudtrade
GBPAUD Double Top on 1hr ChartGBPAUD is forming double top on 1hr chart hopefully we can see the sell pressure through this resistance.
GBPAUD Forecast 6July2023for now the price looks bearish. if we pull the fibo retracement, then there is a possibility that the price will be pulled down to strong support in the 0.236 area, where the area is also an SnD area and also as an SR Flip area.
Cup And Handle in GBP/AUDGBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows.
Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern.
Once the neckline is broken out, I expect price to rise further.
Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.
GBPAUD TradeAfter the liquidity taken and change of character and the rejection of the Order Block we will see a drop in the price it's just idea
A Unique Perspective on GBPAUD PairBased on our analysis, we anticipate a bullish trend for the GBPAUD pair in the coming weeks. The fundamental factors indicate a relatively stronger outlook for the GBP compared to the AUD. Positive economic data and improving sentiment in the UK, coupled with potential uncertainties surrounding the Australian economy, suggest a favorable environment for the GBPAUD pair.
Our profit target for this trade idea is set at 1.97500, representing a significant upside potential. We anticipate a gradual appreciation of the GBP against the AUD as market conditions align with our analysis.
To manage risk, we establish a stop loss area at 1.87900. If the trade goes against our prediction and the price reaches this level, we would exit the trade to limit potential losses.
GBPAUD Sell & Buy Setup On H4GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD.
Disclaimer: The information provided is for general informational purposes only and should not be considered as professional advice. Use at your own risk.
GBPAUD and GBPCHF Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPAUD A rectangle is formedDear traders,
GBPAUD is forming in rectangle with strong support and resistance. We expect the price will reach 1.86071 and continue decreasing by 377 points.
If you have any question, please subcribe the Channel.
Regards
GBPAUD regional Double BottomThe GBPAUD currency pair is showing indications of a potential reversal based on a double bottom pattern observed on the regional chart. This pattern suggests that the price has reached a support level twice and is likely to reverse its downtrend.
Traders considering this potential reversal may set a take profit level at 1.870, anticipating an upward price movement towards this target. To manage risk, it is recommended to place a stop loss at 1.851, which serves as a safety measure in case the reversal does not occur as expected.
While the double bottom pattern provides a bullish signal, it's important to exercise caution and consider other factors such as market conditions, fundamental analysis, and overall market sentiment. Technical patterns alone do not guarantee the success of a trade, and monitoring the market closely is essential to adapt to any changes that may occur.
Looking forward to read your opinion about it.
GBPAUD - Positive correlation with EURAUDLikewise, GBPAUD following the same pattern as EURAUD, price retracing from Monthly Resistance, and possibility pulling back until RBS Monthly. We go for long after confirmation/reactions at the RBS Zone for sure!
Major trend - Bullish
GBPAUD 11June2023for now I think that this pair is in a correction period, with the price having fallen more than the correction confirmation line and now it is likely that it has formed wave (1) and is entering the correction period of wave (2), which means that our focus now is to look for a sell area around the trendline bounce or maybe in the SnD area above.
GBPAUD Forecastfor now the price is stuck in a fairly strong support area, it has been tested several times. the possibility that happens is that the price will rise first before going down further.
GBPAUD and GBPNZD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/AUD - Trade Setup Structure: Solid power move to the Support zone aligned with the 200 MA Strategy
Trade: Long - A quick correction is expected from here.
Risk/Reward: 1:1
Disclaimer: DYOR!
GBPAUD 2June2023there is a possibility that this pair will only experience a minor correction, not to change the trend to bearish in the main. the possibility is that the price drops to the bearish confirmation line only.
GBPAUD Weekly TF GBPAUD has broken out of a downtrend channel I am expecting a pull back to move higher. there are multiple confluences to look for a buying opportunity around my area of interest.
GBPAUD potential leg down 1:2 RRRGBPAUD potential leg down 1:2 RRR Bouncing off huge trendline + retest of weekly support/resistance level
gbpaud short positionnothing has changed, I'm still in the short position.
there is a chance to adding some volume on the blue box up ahead.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
GBPAUD TradingView D1Here is my view for GBPAUD on D1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPAUD LONG - CRITICAL AREA!Waiting for a retest of 1.86338 to long GBPAUD back to prior highs at 1.90015
If you agree drop a like and if you have nay questions leave a comment :)
