AUDGBP trade ideas
GBPAUD Wave Analysis – 18 March 2025- GBPAUD reversed from the support zone
- Likely to rise to resistance level 2.060
GBPAUD currency pair recently reversed from the support area between the support level 2.0290 (former multi-month resistance from December) and the 38.2% Fibonacci correction of the upward impulse from February.
The upward reversal from this support zone stopped the previous short-term ABC correction 4.
Given the strong multi-month uptrend, GBPAUD currency pair can be expected to rise to the next resistance level 2.060 (which reversed the previous upward impulse wave 3).
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
GBPAUD 4HR Trade OutlookGBPAUD made a strong bearish move yesterday and formed a 4HR imbalance, we are now watching how price reacts to that 4HR imbalance created. If it respects it, we'll dial down to a lower timeframe and look for Sells, if it breaks it, we can look for Buy Setups. Remember, Patience is your edge. PEPPERSTONE:GBPAUD
GBPAUDAlthough OANDA:GBPAUD largely remains bullish, a consolidation phase might just be in view. Looking at how price is currently attempting to create a 3 triple top on the H4 TF a breakout to the bullish side (2.06013) will mean a continued bullish move however a breakout to the lower side (2.04704) would indicate a potential market reversal. I would rather wait to see either move before making any trading decision on this pair.
GBP_AUD LONG SIGNAL|
✅GBP_AUD is moving down
Down now to retest a horizotnal
Support level of 2.0327 from
Where we can enter a long
Trade with the Take Profit
Of 2.0413 and SL of 2.0270
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPAUD💡The chart shows a technical analysis of the GBP/USD pair on the 4-hour timeframe. Rising Wedge Pattern: There is a clear shape of a rising wedge pattern, a reversal pattern where the price is within a narrow, upward-sloping channel. Typically, a break of this pattern downward indicates a reversal from bullish to bearish. The MACD indicator shows that momentum is beginning to shift to the downside (red), supporting the idea of a continued downward trend.
⛔️Not investment advice for educational purposes only.
GBPAUD The Week Ahead 17th March ‘25
The GBPAUD currency pair maintains a bullish sentiment, supported by the prevailing long-term uptrend. However, recent price action suggests an overextended bullish breakout, approaching significant resistance zones on both daily and weekly timeframes.
The key trading level to watch is 2.0227. A potential overbought pullback from current levels, followed by a bullish rebound from 2.0227, could extend the upside, targeting 2.0499, with further resistance at 2.0577 and 2.0737 over a longer timeframe.
Conversely, a confirmed break below 2.0227, with a daily close under this level, could signal a corrective pullback towards 2.0077 and 2.9937.
Conclusion:
While the broader trend remains bullish, the current overextended move suggests the possibility of short-term retracements. Holding 2.0227 as support will be critical for further upside continuation, while a breakdown below this level could trigger deeper corrections. Traders should monitor price action closely and adjust risk management accordingly.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBP/AUD Finally Made Double Top Pattern , Short Entry Valid !Here is my chart on GBP/AUD , Finally we have a very good reversal pattern after this huge movement to upside , the price made a double top reversal pattern , and the price broke the neckline and closed below it , so now i`m waiting the price to retest the broken neckline and then we can enter a sell trade if we have a good retest and targeting 250 Pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Mon 17th Mar 2025 GBP/AUD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Sell. Enjoy the day all. Cheers. Jim
GBPAUD Forecast (Short)GBPAUD Forecast (Short):
Entry Price: 2.04900
Take Profit (TP): 2.02600 (2300 pips below the entry point)
Stop Loss (SL): 2.05600 (700 pips above the entry point)
Rationale for the Forecast:
Current Context:
GBPAUD is near a resistance level, indicating a potential downward reversal.
The Take Profit level (2.02600) is close to a key support level, which could be reached if the pound weakens or the Australian dollar strengthens.
The Stop Loss level (2.05600) is set above a key resistance level, minimizing risks in case of an upward breakout.
Fundamental Factors:
GBP: Weak GDP and industrial production data from the UK could put pressure on the pound.
AUD: Positive data from the construction sector and potential improvements in commodity prices could support the Australian dollar.
Technical Factors:
The level of 2.04900 is a resistance zone where a downward move is possible.
The level of 2.02600 is a support zone where profit-taking could occur.
The level of 2.05600 is a zone above key resistance where the Stop Loss would be triggered.
Recommendations:
Target (Take Profit): 2.02600 (2300 pips profit).
Risk (Stop Loss): 2.05600 (700 pips loss).
Risk-Reward Ratio: 1:3.3 (profit more than three times the risk).
Scenarios:
Optimistic Scenario:
GBPAUD reaches the 2.02600 level, and the position is closed with a profit.
This could happen if UK data weakens further or Australian data improves.
Pessimistic Scenario:
GBPAUD breaks above the 2.05600 level, and the position is closed with a loss.
This could occur if UK data improves or Australian data worsens.
Conclusion:
The current trade has a favorable risk-reward ratio (1:3.3).
It is recommended to monitor news from the UK and Australia, as they could impact the pair's movement.
GBPAUD The Week Ahead 17th March ‘25The GBPAUD currency pair maintains a bullish sentiment, supported by the prevailing long-term uptrend. However, recent price action suggests an overextended bullish breakout, approaching significant resistance zones on both daily and weekly timeframes.
The key trading level to watch is 2.0227. A potential overbought pullback from current levels, followed by a bullish rebound from 2.0227, could extend the upside, targeting 2.0499, with further resistance at 2.0577 and 2.0737 over a longer timeframe.
Conversely, a confirmed break below 2.0227, with a daily close under this level, could signal a corrective pullback towards 2.0077 and 2.9937.
Conclusion:
While the broader trend remains bullish, the current overextended move suggests the possibility of short-term retracements. Holding 2.0227 as support will be critical for further upside continuation, while a breakdown below this level could trigger deeper corrections. Traders should monitor price action closely and adjust risk management accordingly.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPAUD buy Trade 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