GBPAUD correction GA appears to be about to correct itself. However the overall trend is still bullish. I may be shorting this until major support then look for a long again until the end of wave 5 of the weekly chart. Note. the overall trend is still bullish. Trade the correction with cautionby Chathifriends2
GBPAUD TRADE Idea: SHORT | SELL (01/01/25)Happy New Year all! This trade idea is really for a long overall but while the long is setting up we can always take the sell especially seeing as price is in premium. Recent price has failed to break the high. I expect that high to get swept and for price to come down to the next potential entry for the long. Shortby saintprincevvs2
Bearish drop off pullback resistance?GBP/AUD is rising towards the pivot which acts as a pullback resistance and could reverse to the overlap support that lines up with the 78.6% Fibonacci retracement. Pivot: 2.0273 1st Support: 2.00612 1st Resistance: 2.03910 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets337
GBPAUD-BULLISH IDEAGBPAUD seems in bull run as it is pritning new HH HL retraced at 0.5 to 0.6 level .Longby uasghar2802
gbpaud sell 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 tradeShortby wavesscoutforex112
Strategic GBPAUD EntryGBPAUD is currently in a strong uptrend, exhibiting a classic pattern of higher highs and higher lows. At the current price, there are no signs of bearish divergence. The pair has already tested the 0.5 Fibonacci retracement level and may attempt to retest this area, offering a potential buying opportunity. It is recommended to position your stop-loss at the previous higher low, ensuring adherence to proper risk management practices.Longby AnalytixEdgeByQasimUpdated 4
GBPAUD Long ideaSorry for gone for little long. Looks like GBPAUD is still in uptrend. As simple and usual I used Fibonacci retracement to find a good spot to long. Risk Reward 1 to 3.5. Cheers let us see how it reacts on 61.8 to 78.6 area first ๐Longby tseborushka1
GBPAUD - Corrective structure in developmentGBPAUD is forming a corrective structure within the HTF to indicate the next bearish move down. On the LTF we can see the developing structure is awaiting a 3rd touch to complete this bearish pattern. I will look for an entry only if we get a reversal impulse followed by a LTF correction with targets to the previous swing lows. Shortby ktlfx2
Review GBPAUD - Bullish Move - Dec 29th 2024 Review GBPAUD - Bullish Move - Dec 29th 2024 . By: Atlas aka Noble.Mike.JamisonLong04:05by NobleMikeJamison4
GBPAUD Potential UpsidesHey Traders, in the coming week we are monitoring GBPAUD for a buying opportunity around 2.01 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2.01 support and resistance area. Trade safe, Joe.Longby JoeChampion4
Short Position on GBP/AUD GooD Risk/Reward SetupShort setup on GBP/AUD with risk/reward above 1:3. Entry at 2.0200, stop at 2.0308, target at 1.9815. Good luck!Shortby MoneyMavenFX3316
GBP/AUD "Pound-Swiss" Forex Market Bullish Heist Plan๐Hi! Hola! Ola! Bonjour! Hallo!๐ Dear Money Makers & Robbers, ๐ค ๐ฐ Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the GBP/CHF "Pound-Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. ๐ So Be Careful, wealthy and safe trade.๐ช๐๐ Entry ๐ : You can enter a Bull trade at any point, however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss ๐: Using the 1H period, the recent / nearest low or high level. Goal ๐ฏ: 2.05500 Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money ๐ฐ. ๐ฐ Based on the fundamental analysis ๐๏ธ, I would conclude that the GBP/AUD pair is: Bullish Reasons: Interest rate differential: The Bank of England's (BoE) interest rate (3.5%) is higher than the Reserve Bank of Australia's (RBA) interest rate (2.85%), making the GBP more attractive to investors. Economic growth: The UK's GDP growth (1.1%) is relatively stable, while Australia's growth (1.7%) is more dependent on external factors, such as China's economic growth. Trade balance: The UK's trade deficit is a concern, but Australia's trade surplus is largely dependent on commodity exports, which are subject to price volatility. Commodity prices: Australia's economy is heavily reliant on commodity exports, and a decline in commodity prices could negatively impact the AUD. However, it's essential to consider the following risks: Brexit uncertainty: The ongoing Brexit process could lead to GBP volatility and impact the pair. Global economic slowdown: Weakening economic growth in Europe, China, and other regions could impact the UK's exports and growth. RBA's monetary policy: The RBA's dovish stance and potential interest rate cuts could support the AUD. Bullish Scenario: Stronger UK economic data, such as GDP growth and inflation, supports the GBP Commodity prices decline, negatively impacting the AUD Warningโ ๏ธ : Our heist strategy is incompatible with Fundamental Analysis news ๐ฐ ๐๏ธ. We'll wreck our plan by smashing the Stop Loss ๐ซ๐. Avoid entering the market right after the news release. Take advantage of the target and get away ๐ฏ Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. ๐Supporting our robbery plan will enable us to effortlessly make and steal money ๐ฐ๐ต Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.๐๐ช๐คโค๏ธ๐๐ I'll see you soon with another heist plan, so stay tuned ๐ซLongby Thief_TraderUpdated 4
GBPAUD Wave Structure Analysis with Multiple Timeframes- 4H swing is bearish => Currently is pullback. - M15 swing is bullish. We can look for buying opportunities up to the supply zone of the 4 hour frame. Then if the 15 minute frame gives a bearish reversal signal we can sell down. by quangcttnUpdated 8
GBPAUDA good buying opportunity on the pair after bouncing off the Fair Value Gap.Longby charaf_eltraderUpdated 4
Pound Aussie shortBeautiful price action from the Pound Aussie signifies a potential short trade for a long period to take out previous lows.Shortby ThePinnacleTrader4
GBPAUD Forecast: Bullish Momentum Ahead!I'm excited to share my analysis for the GBPAUD pair, where I see a promising bullish trend emerging. As per the EASY Trading AI strategy, my current recommendation is to enter a buy at 2.01259, with a take profit set at 2.01560333 and a stop loss at 2.00769333. The rationale behind this forecast is based on several influencing factors. Recent market behavior indicates a strong bullish sentiment, driven by positive economic indicators from the UK and steady performance from Australia. We've also seen increased buying pressure around our entry point, which aligns with historical support levels. Additionally, technical analysis from the EASY Trading AI shows a favorable trend pattern developing, suggesting that we could see an upward movement in the near future. The confluence of these factors supports my conviction for a buy strategy. To maximize your potential, consider leveraging signals available through our Telegram bots or employing the automated trading robots designed to work with the EASY Trading AI strategy. Always remember, while opportunities abound, thoughtful risk management is key to long-term success in trading. Happy trading!Longby ForexRobotEasy0
GBPAUD SELL 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 tradeShortby wavesscoutforex116
The Bullish Surge of GBPAUD: Riding the Wave with EASY Trading AWith the recent insights from our EASY Trading AI strategy, I'm spotlighting a promising Buy opportunity on the GBPAUD pair. Current market dynamics and historical patterns suggest an entry price at 2.00683, aiming for a take-profit at 2.01501, while safeguarding positions with a stop-loss at 1.99966. What fuels this bullish sentiment? Several factors come into play. First, the strategy expertly leverages historical data to pinpoint moments where market psychology aligns with key support levels, providing a robust foundation for this forecast. The AI-driven analysis examines market trends every second, enhancing the strategy's capacity to adapt swiftly to evolving conditions. Moreover, broader economic indicators point towards potential GBP strength against the AUD, tied to monetary policies and economic outputs from the UK and Australia. This backdrop, combined with the precise entry and exit points offered by the strategy, renders this plan both strategic and evidence-driven. As always, while the market is ripe with opportunities, cautious risk management remains paramount. Investors can further explore automated options like the EASY Bots or receive trade signals directly via Telegram for seamless integration into their trading workflow. Embark on this trading journey with us, calibrated for precision and success. ๐Longby ForexRobotEasy1
Risky LongsBecause we are closer to EOY, trading is generally more risky. But looking at longs on GBPAUD now. Confluences: - 2.00500 - 50 fib - H4 SNR - H1 Double bottom & retest on necklineLongby fxlevelzUpdated 115
GBP/AUD Analysis โ Wyckoff Method (2-Day Timeframe)GBP/AUD pair is currently in a strong key area. According to the Wyckoff method, close monitoring is essential as the price could provide a good setup for either a buy or sell opportunity. A return into the green range could signal a selling opportunity, especially considering the December 18 candle, which showed strong selling pressure but lacked continuation. On the other hand, if the price closes outside the ascending channel, it may indicate a potential buying opportunity. Traders should carefully observe the price action, candle structure, and volume dynamics to confirm their strategy. This setup aligns with Wyckoff's principles of accumulation, distribution, and trend reversals, making it relevant for those following volume-based trading or price action methods. This is my personal analysis and opinion, not a recommendation to buy or sell.Longby omossa113
GBPAUDTHE British pounds sterling's on weekly chart broke out of descending trendline opening a buy position for British pounds. the December meeting by BOE monitory committee team ,the kept interest rate at 4.75% ,its Interest Rate Differentials will give The Bank of England (BoE) a statistical advantage over Reserve Bank of Australia (RBA) monitory polices. This interest rate differential makes GBP-denominated assets more attractive to investors, leading to increased demand for the pound sterling. Economic Performance: The UK economy has shown signs of strength, which has bolstered confidence in the pounds. In contrast, the Australian economy has faced challenges, including slower growth and concerns about its reliance on China, which has been experiencing economic difficulties . the future of commodities will affect Australian dollar as the economy rely heavily on commodities.09:38by Shavyfxhub1
GBPAUD: Bears Will Push Lower Balance of buyers and sellers on the GBPAUD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. โค๏ธ Please, support our work with like & comment! โค๏ธ Shortby UnitedSignals112
GBPAUD-SELL strategy Daily chartThe pair tried higher once again and failed. The regression channel shows potential to a medium-term return back to 1.9375 area. This will not be a one way move, but overtime this is the potential I feel. Strategy SELL @ 2.0080-2.0130 and take profit near 1.9675 at first. Shortby peterbokma1