GBPAUD: Possible bounce at supportI am watching for a possible reversal GBPAUD, expecting a rejection with a upside target at around 2.073.
This area is where it can become a decision point, either price finds support and bounces, or it breaks below, and the move can start to extend lower.
Just sharing my thoughts for the charts, this isn’t financial advice. Always confirm your setups and manage your risk properly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPAUD trade ideas
GBPAUD's wide trading range remains intact✏️GBPAUD is trading in a wide range. After the increase on Friday, the pair is retesting the support zone breaking past resistance. And the current reaction point also coincides with the 20 SMA. There is not much momentum for the pair to break out of the wide trading range, so buying the pair to the upper range of 2.097 is a reasonable choice at the moment.
📉 Key Levels
Support: 2.058
Resistance: 2.083-2.096
BUY Trigger: Confirmed bounce from 2.059 (EMA support)
Target 2.09600
BUY DCA Trigger: Break 2.083
Leave your comments on the idea. I am happy to read your views.
GBPAUD: Weekly Reversal | COT & Seasonality Support Bullish📊 Technical Outlook
Price strongly reacted from a key weekly demand zone between 2.0400 and 2.0500, showing clear absorption of bearish pressure. The RSI is rebounding from the 30 area, signaling early reversal potential.
The next technical target lies between 2.08900 and 2.10000, within a well-defined supply zone.
An early bullish reversal is in progress, with potential for a swing move toward the red zone.
🧠 Commitment of Traders (COT Report – 08/07/2025)
GBP: Non-commercial traders are net long, with positioning growing across the board: +869 longs / -926 shorts. Commercials reduce shorts and increase longs → Bullish bias.
AUD: Non-commercials are clearly short (-2,267 longs / +1,957 shorts). Commercials are increasing long exposure (+2,629), but still in the minority → Bearish bias.
➡️ The COT spread confirms a GBP long vs AUD short bias.
📅 Seasonality (July)
GBP: Historically strong in July, with average monthly gains across all timeframes (especially the 2Y window).
AUD: Less favorable seasonal profile in July; flat to slightly negative across all time horizons.
➡️ Seasonality supports GBP strength.
📉 Retail Sentiment
58% Long / 42% Short on GBPAUD
➡️ Retail traders are still heavily long → a shakeout of weak long hands is possible before the real rally begins.
🎯 Strategic Conclusion
GBP shows bullish convergence across technical, COT, and seasonal factors. AUD presents clear weakness.
The current price zone offers a clean entry point for longs, targeting the 2.08900–2.10000 supply zone.
GBPAUD: Another Bullish Pattern⚠️GBPAUD has adhered to a horizontal support level on the intraday chart and has bounced back from it, revealing a strong bullish pattern.
The price has formed a cup and handle pattern and is currently testing its neckline.
Look for a breakout confirmation; a 4-hour candle closing above the 2.0750 level will validate this breakout, leading to an anticipated bullish continuation.
GBPAUD to turnaround?GBPAUD - 24h expiry
The primary trend remains bullish.
Price action looks to be forming a bottom.
We look for a temporary move lower.
Preferred trade is to buy on dips.
Bespoke support is located at 2.0495.
We look to Buy at 2.0495 (stop at 2.0425)
Our profit targets will be 2.0775 and 2.0820
Resistance: 2.0670 / 2.0750 / 2.0830
Support: 2.0490 / 2.0440 / 2.0400
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBP/AUD Trade Setup – Bullish Flag Breakout in PlayGBPAUD has formed a clean bullish flag structure after a significant impulsive move upward. Following the correction, we’re now testing breakout levels with clear Fibonacci confluence and bullish structure support around 2.0560. I'm anticipating a push toward the next resistance levels if buyers defend this trendline.
🔎 Technical Highlights (My View):
Bullish Flag Pattern: The corrective flag has broken to the upside and is being retested. This suggests a possible continuation of the bullish trend.
Fibonacci Support: Price bounced near the 23.6% retracement of the previous bullish leg, which acts as a minor but effective support in trending moves.
Bullish Trendline Holding: The ascending trendline from the July lows continues to act as dynamic support. This shows sustained buyer interest.
Target Zones:
TP1: 2.0720 – aligns with 50% retracement and recent structure.
TP2: 2.0827 – aligns with 78.6% retracement and past resistance.
SL: Below 2.0450 to invalidate the setup.
🏦 Fundamental Context:
GBP Strength: The Bank of England remains more hawkish than the RBA. UK inflation data remains sticky, and traders are still pricing in the potential for another hike if services inflation remains elevated.
AUD Weakness: AUD is under pressure due to soft labor market data and declining commodity demand from China. RBA minutes also struck a cautious tone, which weighs on the Aussie.
China Risk: AUD is sensitive to Chinese sentiment. Current trade and tariff tensions are adding indirect bearish pressure to the AUD.
⚠️ Risks to My Setup:
If Aussie labor or CPI data surprises to the upside, AUD could regain strength.
UK economic data deterioration (e.g., services PMI, wage inflation) could weaken GBP.
Break below 2.0450 would invalidate the bullish setup and suggest potential range continuation.
📅 Upcoming Catalysts to Watch:
UK Retail Sales – A strong print supports GBP continuation.
AU CPI (Trimmed Mean) – Any upside surprise could limit AUD downside.
China Industrial & Services PMI (if released soon) – indirect AUD mover.
⚖️ Summary – Bias & Trade Logic
I’m currently bullish GBP/AUD, expecting a continuation of the prior uptrend now that price has broken and retested the flag structure. Fundamentally, GBP is supported by relatively hawkish BoE expectations, while AUD remains pressured by RBA caution and China-linked macro weakness. My bias stays bullish as long as the trendline holds and Aussie data doesn’t surprise significantly.
WOULD YOU TAKE THIS TRADE? GBPAUD SELLAll the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
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GBPAUD to find buyers at current support?GBPAUD - 24h expiry
The primary trend remains bullish.
Price action looks to be forming a bottom.
We look for a temporary move lower.
Preferred trade is to buy on dips.
Bespoke support is located at 2.0605.
We look to Buy at 2.0605 (stop at 2.0535)
Our profit targets will be 2.0885 and 2.0950
Resistance: 2.0750 / 2.0800 / 2.0970
Support: 2.0600 / 2.0520 / 2.0450
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
LONG ON GBP/AUDGA has given us a CHOC (change of character) to the upside after making a new low.
Price has since pulled back to the demand area that created that change leaving us with a possible double bottom forming.
I expect GA to rise to sweep buy side liquidity at the equal highs then reaching the previous supply level / previous High.
Looking to catch 200-300 pips.
GBPAUD - Trading The Range - AGAIN!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈GBPAUD has been hovering within a big range.
Last week, as per our previous analysis, GBPAUD rejected the upper bound of the range and traded lower.
This week, GA is retesting the lower bound of the range acting as a support.
As long as the support holds, we will be looking for longs on lower timeframes, targeting the upper bound of the range.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPAUD Sellers In Panic! BUY!
My dear followers,
This is my opinion on the GBPAUD next move:
The asset is approaching an important pivot point 2.0491
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2.0573
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
GBPAUD: Bullish Movement Continues 🇬🇧🇦🇺
GBPAUD is going to rise more, following a confirmed intraday bullish reversal:
first, the price violated a resistance line of a falling channel.
It started to consolidate within an inverted head & shoulders pattern then.
Its neckline violation is another strong bullish signal.
Next resistance - 2.0685
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Bullish momentum to extend?GBP/AUD is falling towards the pivot that aligns with the 38.2% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 2.0639
1st Support: 2.0566
1st Resistance: 2.0741
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GBPAUD🔍 Pair: GBPAUD
🕒 Timeframe: 15 Min
🔄 Strategy: Break of Structure (BoS) + Retest
🔹 Price has broken structure, showing bullish intent.
🔹 We’ve now entered the “Area of Interest” for a potential long entry.
🔹 Stop Loss is placed just below the last swing low, managing risk efficiently.
🔹 Waiting for bullish confirmation (strong candle or engulfing) inside the zone before entry.
📌 RSI is recovering, showing early momentum shift.
🎯 Targeting next supply zone above — watch for continuation.
🧠 Discipline is key — wait for the setup to complete. No confirmation = No trade.
GBPAUD oversold bounceback capped at 2.0710The GBPAUD pair is currently trading with a bearish bias, aligned with the broader downward trend. Recent price action shows a retest of the previous support zone, suggesting a temporary relief rally within the downtrend.
Key resistance is located at 2.0660, a prior consolidation zone. This level will be critical in determining the next directional move.
A bearish rejection from 2.0660 could confirm the resumption of the downtrend, targeting the next support levels at 2.0480, followed by 2.0410 and 2.0350 over a longer timeframe.
Conversely, a decisive breakout and daily close above 2.0660 would invalidate the current bearish setup, shifting sentiment to bullish and potentially triggering a move towards 2.0710, then 2.0750.
Conclusion:
The short-term outlook remains bearish unless the pair breaks and holds above 2.0660. Traders should watch for price action signals around this key level to confirm direction. A rejection favours fresh downside continuation, while a breakout signals a potential trend reversal or deeper correction.
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.