#GBPAUD: After A Strong Drop Price Seems To Rebounding! The British pound (GBPAUD) took a nosedive when the US president announced new tariffs on several countries. This caused gold to rise, and so did the Australian dollar (AUD).
You see, gold and the AUD are like best friends, they always move together. But things are changing now, and we’re not sure
About British Pound / Australian Dollar
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
Could the price bounce from here?GBP/AUD is falling towards the pivot which is an overlap support and could bounce to the 1st resistance which acts as an overlap resistance.
Pivot: 2.0624
1st Support: 2.0413
1st Resistance: 2.1029
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should o
WHY GBPAUD IS BULLISH ?? DETAILED ANALYSISGBPAUD is currently breaking out of a textbook falling wedge pattern on the 2H timeframe, a structure widely recognized for its bullish implications. After an aggressive bullish impulse at the start of April, the pair entered a consolidation phase marked by lower highs and lower lows. However, the r
EUR/NZD Short, GBP/USD Long, AUD/USD Short and GBP/AUD ShortEUR/NZD Short
Minimum entry requirements:
• Corrective tap into area of value.
• 4H risk entry or 1H risk entry after 2 x 1H rejection candles.
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of value.
• If tight non-structured 5 min continuation follows, re
GBPAUD sellThere are a lot of sell confluences for this pair in all timeframes.
Here are the reasons for my bias:
- First of all, there was a very strong 3 month target that was hit at 2.1050 on 4th April
- Price hit a major monthly and 3M level at 2.1500 and we saw sharp rejections of that rejection.
- The mo
GBPAUD NULLISH OR BEARISH DETAILED ANALYSIS GBPAUD is currently trading around the 2.0850 level, hovering just above a strong confluence support zone as seen on the 12H chart. Price action has formed a bullish symmetrical triangle pattern following a strong impulsive rally earlier this month. This compression near a major demand zone signals
Bullish bounce?GBP/AUD is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 2.0624
1st Support: 2.0413
1st Resistance: 2.1029
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should o
Is GBPAUD Finally Ready to Drop?Price is currently struggling to break through a key resistance area. That’s not a problem – I’m not looking to catch the entire move, I only need a clean 1:3 RR and potentially the completion of the Asia range.
🔻 Bias: Bearish
On the 4H chart, I’ve identified the 50 EMA as a possible point of re
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The value of the GBPAUD pair is quoted as 1 GBP per x AUD. For example, if the pair is trading at 1.50, it means it takes 1.5 AUD to buy 1 GBP.
GBPAUD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
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