GBP_AUD WILL GO UP|LONG|
✅GBP_AUD is going up
Now after the retest of
The horizontal support
Of 1.9350 so we are locally
Bullish biased and we will
Be expecting a further
Move up
LONG🚀
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AUDGBP trade ideas
GBPAUD ShortThis currency has been forming a rising flag for the past few days, which IMO is a strong indicator for a bullish momentum.
Considering that it has retested the upper trend line, I do anticipate that this price might continue with the bearish momentum, testing the lower trendline.
Entry price at 1.932, TP at 1.897 and SL at 1.958
GBP-AUD Risky Long! Buy!
Hello,Traders!
GBP-AUD made a retest
Of the horizontal support
And has nicely rebounded
Already so we will be
Expecting a further
Move up
Buy!
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GBPAUD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9388
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 - 1.9585
Recommended Stop Loss - 1.9274
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
Impulse continuation After a major correction price tends to impulse on direction that it is biased to, here price corrected and and in my previous analyses I also got caught up in the correction forgetting that theirs resistance to the upside which is also last years high at 1.99173 (close), and price is still in uptrend making new higher highs.
GBPAUD1.GBPAUD has been dropping very hard for the pas few days.
2.It had to make a correctional move before another massive uptrend.
3.The correctional move(PullBack) was successsful.
4.The price tapped into the flip zone a muiltiple times, forming resistance on that flipzone(Demand).
5.Now the price gave us an 4H bullish candlestick closure, moving away from the flip zone, which shows buyers gaining dominance in the market.
6.Now we buy GBPAUD up until to the last High before the major drop
GBPAUD shortsI believe that GBPAUD is due for sells today. Here is why;
Ever since hitting the 2.0000 psychological level, we see that price has rejected the area with a lot of sell orders.
There has been a lower low formed on the daily timeframe, which indicates price will go lower for the foreseeable future.
Moreover, there is a lower low formed on the 4h timeframe which shows me that price will continue going lower.
I am currently in a short trade. I am expecting price to collect orders at 1.9370, where I will sell again.
My targets are 1.9300
GBP/AUD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
GBP/AUD is making a bearish pullback on the 12H TF and is nearing the support line below while we are generally bullish biased on the pair due to our previous 1W candle analysis, thus making a trend-following long a good option for us with the target being the 1.973 level.
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GBPAUD: Long Signal with Entry/SL/TP
GBPAUD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPAUD
Entry Level - 1.9341
Sl - 1.9223
Tp - 1.9555
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD Simple Trade Plans On Key SupportGBPAUD has fallen on a more hawkish RBA and a lessening in Risk off sentiment.
AUD tens to lose value in these times, and major economy currencies gain.
Long zones below, no real shorts until a larger rise occurs back to key resistance.
GA temp buy TWO potential scenarios before downward continuationThe market is in a mini correction and is on the C wave of the correction before it comes down. It’s important to note that the market could be completing the major pullback, so let’s see what happens once we hit the the first area.
GBPAUD - Sell StopGBPAUD at Support level.
Entry on the break of Support.
Printing LH's and LL's
GBP Net Non Commercials are decreasing as per COT Report.
RBA Governor Speech has a Hawkish stance towards the currency.
Counter Trend BuyPurely counter trend hence tight stop loss. There's potential for long term buys if the fundamentals can align.
GBPAUD - Bearish StructureOANDA:GBPAUD has broken the higher low on 4 hr and formed a bearish price structure. Expecting the bearish momentum to continue until close of markets on Friday!
Anticipating GBP/AUD Pullback: short term Fundametnal Analysis:
United Kingdom shows stronger economic performance compared to Australia. The UK's GDP growth rate is higher at 0.7% versus Australia's 0.1%, and its annual GDP growth is positive at 0.3% compared to Australia's 1.1%. Inflation in the UK is under better control at 2% compared to Australia's 3.6%, with a lower month-on-month increase. Additionally, the UK's interest rate is higher at 5.25% compared to Australia's 4.35%, which typically attracts foreign investment and strengthens the currency. The UK's unemployment rate is slightly higher at 4.4% compared to Australia's 4.1%, but the UK has a higher manufacturing PMI (50.9) and services PMI (52.1) than Australia's 47.4 and 50.8, respectively, indicating stronger business activity. Although the UK's balance of trade is negative, Australia's significant decrease in the current account and trade balance indicates larger economic challenges. Therefore, given these indicators, the British Pound (GBP) appears to be stronger than the Australian Dollar (AUD).
Technical Analysis:
OANDA:GBPAUD on the daily timeframe shows a strong upward movement, with the pair recently reaching a high around 1.9579. The RSI (Relative Strength Index) is above 75, indicating overbought conditions which suggest a potential pullback. The marked resistance zone around 1.95388 seems to be a critical level, where price action is likely to face selling pressure. A bearish divergence is anticipated, where the price could fall to the first target (TP1) at 1.93302 and possibly further to the second target (TP2) at 1.92531, This analysis indicates a short-term bearish outlook following the current overbought conditions.
overall view:
IDEA GBPAUD SHORT POSITION Pair : GBPAUD
Position : SHORT ( SELL )
Entry Price : 1.94740 STOP LOSS @ 1.95042
TP 1 @ 1.94400
TP 2 @ 1.94100
TP 3 @ 1.93500 ( Trailing SL )
