Bullish continuation?GBP/AUD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance.
Pivot: 2.0243
1st Support: 2.0099
1st Resistance: 2.0507
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AUDGBP trade ideas
GBP/AUD - 1H Analysis & Prediction📊 GBP/AUD - 1H Analysis & Prediction
🔹 Current Price: 2.04496
🔹 Key Support Zones: 2.03800 - 2.03400 (Highlighted in green)
🔹 Key Resistance: 2.05164 & 2.05905
🚀 Bullish Scenario:
✅ Price is forming higher highs and higher lows, indicating an uptrend.
✅ A break above 2.05164 could push GBP/AUD towards the 2.05905 target.
✅ If price pulls back, it may retest the minor support before continuing upwards.
⚠️ Bearish Scenario:
🔻 If price fails to break 2.05164, a rejection could send it back towards 2.03800.
🔻 A deeper correction would test the 2.03400 demand zone.
💡 Trading Plan:
✅ Look for buy opportunities if price forms bullish confirmation above 2.04500.
✅ A breakout above 2.05164 may indicate a strong bullish continuation.
✅ If price rejects 2.05164, watch for short-term sell setups.
#FXFOREVER #GBPAUD #SmartMoney #ForexTrading #LiquidityHunt #TradingSetup
GBP/AUD: Topping Signals Flash After Relentless RallyThe bearish pin candle on the GBP/AUD daily chart on Tuesday is a warning sign for bulls after a more than seven big-figure rally in less than a fortnight. RSI (14) is flashing extreme overbought conditions, sitting at levels that have marked major market tops in the past.
Fundamentally, the move stacks up—improved Eurozone optimism from increased military spending and weaker energy prices is a tailwind for the U.K., while ongoing U.S.-China tariff skirmishes weigh on the AUD, overshadowing early signs of an Australian economic recovery.
But that’s all baked in now, leaving GBP/AUD vulnerable to downside without fresh catalysts to push the narrative further.
If the pair nears Tuesday’s high, it could offer an entry point for those looking to fade the move. Stops could be placed above that level, targeting an initial pullback to 2.0300—the December 2024 high. From there, traders can reassess whether to aim for 2.0150 or square the trade.
Good luck!
DS
SHORT SETUP FOR GBPAUDBearish Reversal Setup
The GBPAUD pair is showing signs of a potential bearish trend (CONFIRMED BEARISH BUTTERFLY ) reversal on the daily chart. The recent price action suggests that the pair may face downside pressure, presenting an opportunity for a short position.
Trade Parameters:
Entry Zone: 2.0499 – 2.0500
Take Profit 1: 2.0000
Take Profit 2: 1.9700
Stop Loss: 2.0650
Fundamental Outlook:
The Australian economy remains resilient, supported by strong commodity exports, particularly in iron ore and liquefied natural gas (LNG), which continue to bolster the country’s trade balance. Additionally, Australia’s labor market has shown steady employment growth, reinforcing consumer confidence and economic stability. The Reserve Bank of Australia (RBA) has maintained a cautious but optimistic stance, signaling confidence in the economy’s ability to withstand global uncertainties.
Given these factors, a potential reversal in GBPAUD could be driven by a stronger Australian dollar, as market participants may favor the AUD amid its economic resilience. If the price confirms a rejection from the 2.0500 level, further downside movement could be expected toward key support levels.
GBPAUD Long Idea - 4H ChartGBPAUD is in a strong uptrend, breaking through key resistance levels and trading above the 200 EMA, confirming bullish momentum. The price is currently extended but may retest a key demand zone before continuing higher.
Trade Setup:
🔹 Entry: Look for a pullback into the 2.0250 - 2.0300 demand zone.
🔹 Stop Loss: Below 2.0200, under the recent structure for safety.
🔹 Target: A potential push towards 2.0800 - 2.1000, the next major resistance area.
📈 Watch for: Bullish rejection wicks, engulfing patterns, or confirmation from lower timeframes before entering long.
🔔 Bullish trend remains intact! Manage risk and trade accordingly. 🚀
#GBPAUD #Forex #Trading #PriceAction #TechnicalAnalysis
Institutional Supply: GBP/AUD shortsHey,
This one crushed a prior zone, which is rare but fine! We're now in another supply area that I love and price is already slowing down because it is extremely over-extended.
Let's wait for the 4-hour chart to shape up and trade the pullback play as always.
To learn more, watch our video's!
Kind regards,
Max Nieveld
GBPAUD-SELL strategy 6 hourly chartNo change in viewpoint, even though it spiked further upwards as if no stopping is possible. this is not new for the pair, and unfortunately we cannot predict turning points. The strategy is always slowly to scale in on the way up carefully. t is extremely overbought on most time-frames. Stochastic and Fisher form all showing potential turn around. Have patience with it is the key.
Strategy SELL @ 2.0400-2.0450 and take profit @ 2.0117 for now.
GBPAUD - Bullish Continuation Toward 2.04040OANDA:GBPAUD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.
With momentum favoring the upside, the next logical target is 2.04040, aligning with the upper boundary of the ascending channel. As long as the price remains above the support level, the bullish bias stays intact.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
GBPAUD Bullish breakout The GBPAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios.
Key Levels to Watch
Resistance Levels: 2.030, 2.040, 2.056
Support Levels: 2.010, 1.9927, 1.9770, 1.9620
Bullish Scenario
If GBPAUD sustains price action above the 2.010 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 2.030, followed by 2.040 and ultimately 2.056 in the longer term.
Bearish Scenario
A failure to hold above 2.010, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.9927, with further retracement potential toward 1.9770 and 1.9620 over an extended timeframe.
Conclusion
GBPAUD remains in a bullish structure, but price action around the 2.010 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move.
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Australian Dollar get weakerGBPAUD - On 26.2.2025 we had the Consumer Price Index (CPI) news for Australian Dollar. From Forecast at 2,6% to the Actual at 2,5%. The negative news make Australian Dollar weaker and as we can see on this pair the British Pound made a good bull performance last week. The price is right now above the last strong supply zone. On 5.3.2025 we will have the Gross Domestic Product (GDP) news for Australian Dollar, if news will be negative it is possible to see the price continue rise and reach the next supply zone from 2020.
GBPAUD longMonthly targets at 2.0350 have not yet been met.
Price has shown signs of bullish momentum on the monthly. February monthly closure was very bullish and engulfed January's candlestick, showing that price is due for a bullish move.
On the weekly timeframe, we see that price collected buy orders twice at 1.9650 and then we have seen a lot of bullish momentum the past two weeks.
Price broke above 2.0250 and hence we know that price is due to move upwards.
Price usually moves the opposite direction once a new candlestick forms.
So before I buy the pair, I will wait for price to retrace and collect orders before I buy the pair.
Price has not formed a bullish confirmation yet, hence I will wait for the confirmation before I act on it.
Right now I am sitting on my hands
GBP/AUD 15M 📉 GBP/AUD 15M
🔹 Price Action Overview:
🔻 Strong supply zone at 2.02700 - 2.03193
🔻 Break of Structure (BOS) confirms bearish momentum
🔻 Fair Value Gap (FVG) below suggests imbalance fill
📌 Trading Bias:
🔹 Expecting price to respect the supply zone and drop
🔹 Targeting liquidity zones at 2.02045 - 2.01788
🔹 Potential Reversal Zone: Watch for reaction near FVG
#GBPAUD #SmartMoneyConcepts #OrderBlocks #LiquidityGrab #BreakOfStructure #FVG #ForexTrading #PriceAction
GBPAUD Selling Trading IdeaHello Traders
In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today GBP/AUD analysis 👆
🟢This Chart includes_ (GBP/AUD market update)
🟢What is The Next Opportunity on GBP/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts