gbpaud asian range possibility for the upside 15m TFmy previous chart shows what I think will happen from a 4hr perspective, however there is a likelihood that the market could first drop to the previous asian high/low session before it moves up. this may take place over night, but there are buy opportunities to be had.
AUDGBP trade ideas
GBPAUD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9585
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 - 1.9640
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 Idea
Hi everyone !!
The GBPAUD has broken the higher high (HH) on the daily timeframe and is retesting 79% of the Fibonacci level. This suggests a shift in the lower time frame (LTF) trend, with a continued bullish outlook on the daily timeframe.
Direct Buy order (market execution)
SL - 1.93580
TP1 - 1.95910
TP2 - 1.97000
TP3 - 1.98000
Do your own analysis before taking any trades.
Cheers...
Lingrid | GBPAUD pullback Towards BEARISH ContinuationThe price perfectly fulfilled my previous idea. It hit the target zone. FX:GBPAUD is currently making lower lows, which indicates a prevailing bearish momentum. The recent price action shows that it broke and closed below the consolidation zone, further reinforcing the bearish outlook. Additionally, the price tested the resistance zone twice before breaking through, highlighting the significance of that level. Therefore, I expect the market to pull back toward the resistance zone before continuing its bearish movement. This pullback could provide a good opportunity for sellers to re-enter positions, anticipating further downward pressure. My goal is support zone around 1.94295
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Bearish drop?GBP/AUD is rising towards the pivot which has been identified as an overlap resistance and could drop to the 1st support which is a pullback support.
Pivot: 1.95584
1st Support: 1.94410
1st Resistance: 1.96411
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GBPAUD Mean Reversion SellingI call it all as mean reversion because we are a flying piece of rock transiting through space to nowhere, and price is the same. There's no real anchor in price beside the anchor in the minds of the collective, and market movers.
Based on the current price action, we can see that price is somewhat overbought, not 100%, and price has made a reversal candle (based on experience).
Even though I did set TP and SL, but I am not expecting to hold it to the end, and instead, I am just testing the boundaries and possibilities, and I would exit at any time.
Currently, price is reverting back to the 20EMA and I would consider the 20EMA as the mean price anchor of the current collective and market movers.
gbpaud buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD - 4hrs ( Sell Trade Target Range 220 PIP ) 🟢 Pair Name :GBP/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Short )
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Bearish Break 1.97850 Area
Bullish Reversal 1.97850 Area
GBPAUD: Support in Focus – Will Support Hold or Lead to a Drop?GBPAUD is currently at 1.9630, and there's an important support level at 1.9587. We have two possible scenarios to watch for:
If the price holds above 1.9587: This could be a sign that the price will move higher. If it stays above the support, we could see it rise to around 1.9693.
If the price breaks below 1.9587: If it goes below the support level, then we might see the price drop further, possibly down to the trendline support, which is between 1.9520 and 1.9500.
So, watch how the price reacts around 1.9587. If it holds, we might see a move up to 1.9693. But if it breaks, the price could drop towards 1.9520 and 1.9500.
GBPAUD - Potential short !!Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. After price filled perfectly the imbalance I expect to see a rejection from bearish OB.
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GBPAUD: Major Breakout ConfirmedGBPAUD continues to face significant downward pressure following the break of a strong upward trend line on the 4-hour chart and a broad demand zone.
These broken structures have established an expanding supply zone, suggesting that the currency pair is likely to keep declining toward the next minor support level at 1.9440.
GBPAUD: Massive Breakout ConfirmedGBPAUD is remains under significant downward pressure.
This is due to the breach of a strong upward trend line on the 4-hour chart and a wide demand zone.
The broken structures have formed an expanding supply zone.
It is anticipated that the currency pair will continue to decline towards the next minor support level at 1.9440.