GBPAUD BREAK TRENDLINE REVERSALTechnically:
GBPAUD break trendline.
GBPAUD break Accumulation Box.
GBPAUD printing bullish divergence.
BXY is bullish.
GBPAUD trade ideas
GBPAUD BREAK ACCUMULATION BOXTechnically:
GBPAUD break accumulation box.
GBPAUD printing bullish divergence.
GBPAUD A Fall Expected! SELL!
My dear subscribers,
My technical analysis for GBPAUD is below:
The price is coiling around a solid key level - 1.9685
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9658
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPAUD Short Setup📉 GBPAUD Short Setup 📉
We're anticipating a bearish move on GBPAUD, targeting 1.96378, with the deadline set for 27th January at 03:00 UTC.
Price has shown signs of rejection at higher levels, indicating potential for further downside movement. The market structure aligns with our expectations, and we're watching for momentum to push towards the target.
Key levels to watch:
🔸 Entry zone: Around current levels
🔸 Target: 1.96378
🔸 Deadline: 27th January, 03:00 UTC
Let's see how this plays out!
GBPAUDhello everyone, price is consolidating around 1.960 from day tf and below... 1.960 is currenlty the main support.. 1hr tf reached near 200ma... at this point the bearish cycle stopped... since weekly chart showing sign of bullish candle, price can likely reverse to bullish... wait for pull back cuz today price is bullish due to news...
good luck
Bullish bounce?GBP/AUD is falling towards the pivot and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 1.9486
1st Support: 1.9362
1st Resistance: 1.9722
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.
GBPAUDAfter failing to create a new low, GBPAUD violated both the long-term and short-term structures and then went on to break above a key level followed by a retest and a rejection. A further push to the upside is anticipated
GBPAUD Will Go Up From Support! Long!
Take a look at our analysis for GBPAUD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.967.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.004 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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22.01.25 Morning ForecastPairs on Watch -
FX:GBPJPY
FX:GBPAUD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
GBPAUDthe price has been corrected and it is in the stage of collecting liquidity
the price is bullish and it is target is 2.04750
good for inv.
targets attached
BR
GBPAUD - Potential long !!Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. We can see a rejection from LZ supported by hidden divergence on daily and regular divergence on H4.
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GBP/AUD Buy IdeaBuying GBP/AUD. The chart shows it has recently formed a beautiful X Butterfly on 8 hour chart. Would draw it out but TradingView doesn't support 8 hour charts yet...
Closed bullish above 1 hr trend line.
Stop Loss: 1.96400
1st Target: 1.98610
2nd Target: 1.99454
3rd Target: 2.00282
Please adjust stop loss and take profit accordingly to fit your style of trading. Let's ride this wave!
Happy Trading everyone! 😎
GBPAUD - Long SetupMy main trading principle is that the price always moves from swept liquidity levels to untouched liquidity levels.
In particular case we clearly can see the following context: price swept 1D key swing low and left untouched swing high.
But to take more statistically more probable trades we should wait for some type of lower timeframe confirmation, and it this case we can notice sign of strength, so potentially there is a higher probability to see price higher.
Your success is determined solely by your ability to consistently follow the same principles.
Could the price drop from here?GBP/AUD is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support.
Pivot: 1.9745
1st Support: 1.9487
1st Resistance: 1.9816
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.
GBP-AUD Local Long! Buy!
Hello,Traders!
GBP-AUD has hit a horizontal
Support of 1.9600 and we
Are already seeing a local
Bullish rebound so we will
Be expecting a further move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
GBPAUD: Consolidation Trading 🇬🇧🇦🇺
GBPAUD is consolidating.
The price is stuck with a horizontal parallel channel on an hourly time frame.
We see a strong bullish reaction to its support.
The pair formed a cup & handle pattern.
With a high probability, the market will keep rising and reach the resistance of the range.
❤️Please, support my work with like, thank you!❤️
GBPAUDGBPAUD trade of the week, I'm interested for price to create a high of the week or a certain supply area for me to short this trade, Perhaps if price retest the 1.97835 and then a bos
Master this REVERSAL setupConsider price is in the downtrend- LL, LH formation creating IMPULSIVE MOVE. Mostly corrective move have 3 upside failed pushes and another BoS on downside and failing to retest creates "pinbar" and price extend further downside breaking 3 candle retracement. After that any pullback into an OB i.e. failed retest could be a potential opportunity.
(1st) Failed to make HH-HL
(2nd)BoS of Structural range (deep pull back)
(3rd) BoS of 3 candle retracement (Pin bar formation)
(4th) Pull back into OB will be an entry point.
GBP/AUD ShortGBP/AUD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
GBP/AUD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
Previous week’s red candle means that for us the GBP/AUD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.020.
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Pound Down Under: Will the FVG Hold or Flip? - GBPAUDThe GBPAUD chart showcases intriguing price action with a potential bearish setup. Following the raid on higher time frame (HTF) buyside liquidity (weekly), price has displaced lower, signaling a short-term bearish bias.
On the daily timeframe, price has formed a high-probability FVG after raiding a short-term low. This FVG becomes a key level to watch:
-Scenario 1: If price respects the FVG, expect continuation to the downside, targeting sell-side liquidity levels at 1.98994 and 1.97929.
-Scenario 2: If the FVG is disrespected and used as an Inverse Fair Value Gap (IFVG), anticipate a bullish reversal, potentially pushing price higher.
Conclusion:
Short-term bearish bias targeting sell-side liquidity zones.
Monitor the FVG closely for confirmation or invalidation.
DYOR!
GBPAUDThe GBP Retail Sales m/m data coming in at greater than 0.4%, beating expectations of 0.4 is a positive indicator for the British economy. This suggests that consumer spending is holding up, despite concerns about inflation and economic uncertainty
As a result, we can expect the British Pound Sterling (GBP) to strengthen against other currencies. A strong retail sales report typically boosts the currency, as it indicates a healthy economy and increased consumer confidence.
Here are some potential implications for the GBP:
- Increased Demand: A strong retail sales report may lead to increased demand for the GBP, driving up its value against other currencies.
- Improved Economic Outlook: The positive data may lead to an improved economic outlook for the UK, which could support the GBP in the long term.
- Potential Rate Hikes: A strong economy, as indicated by the retail sales data, may lead to potential rate hikes by the Bank of England, which could further strengthen the GBP.
Keep in mind that market conditions can change rapidly, and other economic indicators may influence the GBP's value. However, for now, the strong retail sales data is a positive sign for the British Pound Sterling.
on a flip side below expectation will be a sell time for GBPAUD
