GBP/AUD 2 Day AnalysisPrice may have made a lower high at the 78.6% Fibonacci level.
Any sell setups may lead to further downside in line with a correction in the parallel channel.
The first target could be 1.9596 where price most recently found support.
The second target could be the base of the channel or the -27% Fib extension.
AUDGBP trade ideas
GBPAUD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9829
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9919
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPAUD TRADE PLAN: SHORT SETUP (Trend Continuation)🔹 Trade Type: Swing Trade / Trend Continuation
🔹 Confidence Level: HIGH (85%+)
🔹 Entry Type: Limit Order (Pending Short Entry)
📉 SHORT ENTRY (SELL)
🔹 Sell Entry: 1.9850 – 1.9900 (Unmitigated Order Block & FVG)
🔹 Stop Loss: 1.9950 (Above Major OB & Institutional Level)
🔹 Take Profit Targets:
TP1: 1.9720 (Minor Support)
TP2: 1.9650 (Major Liquidity Target)
TP3: 1.9600 (Final Bearish Target)
🔹 Risk:Reward Ratio: 5R+ (High-Profit Trade)
✅ Why This Trade Works?
✅ HTF Confirmation: Daily BOS, 4H OB, 1H Structure
✅ Liquidity Grab Above 1.9850 Before Selling
✅ Confluence With FVG, OB & Market Structure
✅ Institutional Selling Confirmed in Order Flow
GBP/AUD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.973 area.
✅LIKE AND COMMENT MY IDEAS✅
GBPAUD POSSIBLE BUY?Overall direction is to the upside based on Monthly and Weekly perspective.
The market is currently testing the current Daily 0.61 & 0.786 Fib area. Based on 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor
GBP/AUD Analysis - H1 Prediction for 07/02/2025GBP/AUD Analysis - H1 Prediction for 07/02/2025
📉 Bearish Outlook with Potential Retest
🔹 Current Price: 1.97669
🔹 Key Resistance Levels:
1.98760 - 1.98859 (Supply Zone)
1.99746 - 1.99845 (Major Resistance & Liquidity)
🔹 Market Outlook:
Price is consolidating near 1.97334 - 1.97516 support zone
A break below this level may target 1.96645
Retest of 1.98760 - 1.98859 possible before further downside
🔹 Trade Setup:
✅ Sell Zone: 1.98760 - 1.98859 (Look for rejection signals)
✅ Target: 1.96645
✅ Invalidation: Sustained breakout above 1.99845
#FXForever#GBPAUD #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
GBP/AUD SETUPThis is Gbp/Aud analysis from daily time frame, as we can see there is change in market structure has already happen showing the change in direction from uptrend to the downtrend, in one hour we see break of market structure to the downside but there is no pullback to the upside yet. We can wait for a pullback to happen in one hour or four hours before start looking for sell position in lower time frames. That's all for today trade safe.
GBPAUD: Bearish Harmonic Pattern Signals Potential DowntrendGBPAUD: Bearish Harmonic Pattern Signals Potential Downtrend
Starting from mid-December 2024, the price completed a bearish harmonic pattern and immediately initiated a bearish trend.
The top of the pattern was reached near 2.0300, followed by a bearish wave of approximately 700 pips, bringing the lowest price near 1.9600.
Currently, GBPAUD has undergone an aggressive correction, and the likelihood of another significant bearish wave in the coming days is high.
Key Support Zones: 1.9850, 1.9670, and 1.9500
You may find more details in the chart!
Thank you and Good Luck!
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GBPAUD SELL - BoE Interest rate decision impact? Trader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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Thu 6th Feb 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
Bearish drop?GBP?AUD is reacting off the support level which is an overlap support and could drop from this level to our take profit.
Entry: 1.9897
Why we like it:
There is an overlap support level.
Stop loss: 2.0013
Why we like it:
There is a pullback resistance level,
Take profit: 1.9762
Why we like it:
There is a pullback support level that is slightly above the 161.8% Fibonacci extension.
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GBPAUD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is below the resistance 2.02967, beginning of downtrend is expected.
We make sure when the support at 1.94297 breaks.
If the resistance at 2.02967 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis:
A peak is formed in daily chart at 2.01490 on 02/03/2025, so more losses to support(s) 1.97390, 1.95896 and minimum to Major Support (1.94297) is expected.
Take Profits:
1.99134
1.97390
1.95896
1.94297
1.92784
1.91271
1.89131
1.85883
1.82533
1.80340
1.77000
1.72489
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GBPAUD new bearish expecting here
OANDA:GBPAUD strong bearish in last periods, currently price in zone, its bounce 4-5 times on SUP zone, looks like DIAMOND pattern here is created, based on past for me still here having enough bearish volumen gathered for one more push.
SUP zone:1.97800
RES zone: 1.95000, 1.94500, 1.93900
Bullish bounce?GBP/AUD is falling towards the pivot and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 1.9915
1st Support: 1.9815
1st Resistance: 2.0050
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GBP/AUD: The Impact of Tariffs on MarketsThe GBP/AUD exchange rate showed mixed movements from January 27 to February 4, 2025, closing at 1.99489 on February 4 with a decline of approximately 0.42% compared to the previous session. Despite a modest rally on February 3, with an increase of about 0.58%, the subsequent downturn signals prevailing bearish sentiment. This fluctuation highlights a cautious market environment influenced by several key factors. A technical report dated February 4 highlighted a symmetrical triangle pattern where, despite a bullish crossover of the 9-period moving average above the 14-period moving average, the price remains confined between a resistance level around 2.0050. This range-bound behavior reflects traders' hesitation as they await a decisive breakout to confirm the next directional trend. Additionally, geopolitical factors have significantly impacted volatility. The announcement of new U.S. tariffs by President Trump temporarily pushed GBP/AUD above 2.012. However, this rally was short-lived, with the rate retracting shortly after due to market adjustments, demonstrating the pair's sensitivity to external economic policies. Furthermore, risk-off flows have contributed to intermittent strength in GBP/AUD, but the overall sentiment remains mixed. Technical indicators and the persistent narrow trading range indicate ongoing uncertainty, applying continuous downward pressure on the pair.