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British Pound / Australian Dollar

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GBPAUD trade ideas

GBPAUD at Major Resistance Level - Time to Sell?GBPAUD has reached a weekly resistance level, marked by prior price rejections and significant selling pressure. This area has historically acted as a key supply zone, increasing the likelihood of a bearish reaction if sellers step in again. The current market structure suggests that if the price confirms a rejection from this weekly resistance, there is a high probability of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 2.03620 level, which serves as a logical target within the current market structure. However, a break above this resistance would invalidate the bearish bias and could lead to further upside. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Short
by DanieIM
50
GBP/AUD Breakout (25.3.25)The GBP/AUD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 2.0448 2nd Support – 2.0400 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
14
Lingrid | GBPAUD anticipating POTENTIAL Consolidation-ExpansionFX:GBPAUD market continues to oscillate between the resistance and support levels of 2.0300 and 2.0600. It has broken and closed above the downward trendline and the highs from the last two days. With a bullish outlook on the daily timeframe, we anticipate a classic consolidation expansion move. If the price holds above the support level and trendline, we can expect a retest of at least last week's high and potentially further bullish moves. My goal is resistance zone around 2.06490 Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Long
by Lingrid
3
GBPAUD: Important BreakoutThe GBPAUD is currently in a strong bullish trend on a daily basis. Over the past three weeks, the pair has been trading within a horizontal range. As the market opens after the weekend, the pair is showing strong bullish momentum. Breaking above the resistance line of the range suggests that a bullish accumulation has been completed. This breach of resistance confirms the strength of buyers and suggests a likely continuation of the bullish trend. The next resistance level to watch for is at 2.0800.
Long
by linofx1
2
GBP/AUD Price Action Update📊 GBP/AUD Price Action Update 🎯 🔹 Current Price: 2.05941 🔹 Timeframe: 15M 📌 Key Support Levels (Demand Zones): 🟢 2.05795 – First Support 🟢 2.05327 – Second Support 🟢 2.04939 – Third Support 🟢 2.04012 – Fourth Support 📈 Bullish Scenario: If price holds above 2.05795, we might see a push towards 2.06663 and beyond. A breakout above this level could confirm a strong bullish continuation. 📉 Bearish Scenario: If price breaks below 2.05795, the next supports at 2.05327 and 2.04939 will be key reaction zones. A break below 2.04012 could signal a deeper retracement. ⚡ Trading Tip: Look for confirmations before entering buy/sell trades. Watch for bullish rejection at demand zones for long positions. Sell near resistance with bearish confirmation. #GBPAUD #ForexTrading #PriceAction #TechnicalAnalysis #SmartMoney #ForexSignals
Long
by FXFOREVER_87
3
GBPAUD Trending Higher – Bullish Continuation Toward 2.07770OANDA:GBPAUD is currently trading within an ascending channel, maintaining a bullish structure. The price has broken above a key resistance zone which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook. With momentum favoring the upside, the price could move toward the 2.07770 level, which aligns with the upper boundary of the channel. However, a failure to hold this level could indicate a potential shift in momentum. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀
Long
by DanieIM
23
GBP/AUD: Bulls Eye Breakout, But Momentum Signals CautionThursday’s bullish engulfing candle and rising risk aversion have GBP/AUD knocking on the door of a bullish breakout, with the pair testing resistance at 2.0627 in early Asian trade on Monday. Stepping back, GBP/AUD remains within an ascending triangle pattern, bouncing off uptrend support on four separate occasions this month. While convention suggests traders should watch for a topside break, momentum indicators are less convincing—RSI (14) has been diverging from price in recent weeks, while MACD is easing lower despite staying in positive territory. The conflicting price and momentum signals reinforce the need for a decisive break above 2.0627 before considering bullish setups. A confirmed break and close above the level could open the door for longs targeting 2.0859, the swing high from March 2020, with a stop beneath to protect against reversal. A failure at 2.0627 could see the setup flipped, with shorts established beneath the level and a stop above for protection. The initial downside target would be uptrend support, currently around 2.0425. Good luck! DS
Long
by FOREXcom
GBP/AUD break oit Here’s a clear trade setup based on your chart: Entry: Around 2.0542 Stop Loss (SL): 2.05647 (Above the red resistance zone) Target: 2.03900 (Marked green target zone) This setup aligns with the breakdown from the bullish channel and retest of resistance. Manage risk carefully. Let me know if you need further insights. Sell Setup - Key Support & Resistance Levels Resistance Levels (Potential Entry/SL Zone): 2.05647 – Major resistance (Ideal SL zone) 2.05400 – Immediate resistance within the red zone 2.05200 – Key resistance level (Potential entry zone) Support Levels (Potential TP Zones): 2.04500 – First support zone (Minor support) 2.04100 – Strong support (Key TP zone) 2.03900 – Final support target (Major TP zone) This aligns with the downward momentum after breaking the bullish channel. Ensure proper risk management and follow your trading plan.
by JAMES_GOLD_MASTER_MQL5
GBPAUD-all Set to Hit 2.07200 Giving R:R=2.6Buy = 2.05800-850 Sell = 2.07200 SL = 2.05325 R:R=2.6 ANALYSIS After hitting Low at 2.03913 GBPAUD is following Elliott waves principles. It has formed its wave-3 by invoking Rule of Equality that, in turn, makes best case for 5th wave extension. Formation of waves-2 & 4 fulfills the criteria for alternation principle that requires at least one alternation. As per rule, target for 5th wave comes to 2.07200 minimum by taking W5=W0-3. This target is well within the 1.618W3 (2.07322)that gives maximum target of wave-5. Wave-4 has formed correction type Irregular Failure that gives future move equal to at least 1.618 of previous wave, that is again makes a favorable case for 5th wave extension.
Long
by kashif493
GBP/AUD Price Action Update📊 GBP/AUD Price Action Update 🇬🇧🇦🇺 GBP/AUD is currently testing a strong resistance zone (supply area) around 2.0486, marked in red. 📌 Key Insights: 🔴 Supply Zone (Resistance): 2.0486 - 2.0490 📍 This level has been tested multiple times but failed to break convincingly, suggesting a potential reversal or breakout scenario. 📉 Bearish Scenario: If price rejects this zone, we might see a sell-off towards the 2.0397 support level, as marked on the chart. 📈 Bullish Scenario: If GBP/AUD breaks and holds above 2.0486, it could trigger a further bullish rally. However, a strong rejection from this level increases the chances of a downward move. ⚡ Trading Tip: Wait for confirmation candles before entering trades. A strong rejection with bearish momentum could signal a short entry, while a breakout with retest could indicate a buying opportunity. #fxforever #fxf #GBPAUD #ForexTrading #SmartMoney #TechnicalAnalysis #PriceAction #ForexSignals #DayTrading #MarketAnalysis
Short
by FXFOREVER_87
GBP/AUD 4-Hour Timeframe AnalysisGBP/AUD 4-Hour Timeframe Analysis GBP/AUD has shown signs of losing momentum from its previous bullish trend, with price action consolidating within a range. We have identified key levels to watch, including a major key resistance at 2.06200 and a major key support at 2.03000. Additionally, a minor key support level at 2.05400 serves as a short-term pivot point for potential price movements. If price breaks above the major resistance at 2.06200, we anticipate a continuation of the bullish trend toward the next minor key resistance at 2.09400. However, if price retraces and breaks below 2.05400, sellers could push the pair lower toward the major key support at 2.03000. Outlook and Key Technical Levels 🔹 Major Key Resistance: 2.06200 (Breakout level for bullish continuation) 🔹 Minor Key Support: 2.05400 (Break below signals bearish move) 🔹 Major Key Support: 2.03000 (Downside target for sellers) Fundamental Insight and Market Sentiment 📉 GBP Weakness: he British Pound faces mounting pressure due to weakening fundamentals. UK inflation dropped to 2.8%, fueling speculation of a Bank of England (BoE) rate cut in May. With inflation cooling, the urgency for tighter monetary policy diminishes, making GBP less appealing to investors. Adding to this downside risk, UK Chancellor Rachel Reeves’ Spring Statement introduced public spending cuts, further dampening growth prospects for 2025 and increasing concerns about the UK’s economic trajectory. 📈 AUD Resilience: The Australian dollar initially faced losses due to a lower-than-expected CPI print, raising expectations for an RBA rate cut. However, optimism surrounding Australia's recent budget and positive risk sentiment helped the AUD recover. Given the technical breakdown and fundamental backdrop, we are monitoring GBP/AUD closely for potential trade opportunities, with a focus on price action near key support and resistance levels. 📌 Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
Short
by RebornFXTrader
GBP/AUD Second Entry Valid To Get 250 Pips , Don`t Miss It !Here is my new entry place on GBP/AUD , If you checked the price you will find it`s moved +100 pips since my first analysis , and the price respect the analysis 100% , and now we have a second chance to sell this pair again and targeting another 250 pips , just waiting the price to retest the broken support and give us any good bearish Price action and then we can enter . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
GBPAUD Selling Trading IdeaHello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBP/AUD Bulls Eye 2020 HighFutures traders are net-long GBP/USD futures and net-short AUD/USD futures. So it is quite fitting to see GBP/AUD in a strong uptrend, with traders now eyeing the 2020 high. However, the weekly chart suggests the current upswing may be nearing a cycle peak. A small bearish divergence has also formed on this timeframe. I am therefor seeking evidence of a swing high to form, somewhere around the 2020 high (or below). For now, the daily chart is grinding higher and the 10-day EMA is supporting. There are also early signs of an ending diagonal / rising wedge, which could still allow for another leg or two higher before the anticipated mean reversion towards the 10 and 20-week EMAs kick in. Matt Simpson, Market Analyst at City Index and Forex.com
by CityIndex