GBPAUDspike, three corrections, v-fromation, consolidation, and if I see a break out, I most likely enter a long trade with a tp 2
GBPAUD trade ideas
GBPAUD SHORTSWeekly : price is reaching a resistance that has not been broken since March 20' with this being the third attempt since then.
Daily : price is rejecting for the third time level of resistance at 2.01000
4h : bullish structure. Now rejecting from round psych level.
1h : I am expecting price to continue its move down, breaking and creating previous/new lower low at 2.00000 which is also an interesting round psych level.
#005 NEW DCA GBPAUD SHORT @ Major ResistanceShort limit triggered at impulse wave (rejection of major resistance level).
If price were to reverse back towards the major resistance level, I have another sell limit order there.
Shall see what's going to happen next.
Positions will be shown in the update below.
1717SGT 12122024
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 trade
GBPAUD next possible moveYou already have all the tools you need to be profitable in trading. But:
- How long will it take for you to realize it?
- How long before you develop the essential habits to fully leverage these tools?
- And most importantly, how much longer before you take action?
Now, think about this: how much time do we waste every day, in our 24 hours, on activities that add nothing to our progress toward our goals?
Time is our most precious resource. Unlike money, which can be earned again, lost time is gone forever.
So, what will you do with your time starting today? The decision is yours. ⏳
Buy gbpoudWe have a clear rally base rally what we will do is to be patient for price to tap into our base and go long
GBP/AUD 4H Timeframe AnalysisGBP/AUD 4H Timeframe Analysis
Trend Analysis:
In the 4H timeframe, the GBP/AUD pair is currently in an uptrend, characterized by the formation of higher highs and higher lows. Recently, an inverted hammer doji formed at the 2.00500 level, followed by a bearish candle, indicating a potential price reversal. This reversal led to a break of a minor key support level, which has now turned into minor key resistance. The price has retraced and is now approaching this minor key resistance again, suggesting a potential accumulation of sell orders.
Price Action Expectation:
We anticipate that if the price breaks above the minor key resistance, it may trigger a manipulation phase that could liquidate many seller stop-loss positions placed above this level. Our primary objective is to wait for the price to break below the minor key resistance before entering a sell position.
Trade Setup:
Trade Type: Sell Stop
Entry Price: 1.98440 (just below the minor key resistance)
Stop Loss: 1.98860 (positioned above the liquidity zone to protect against adverse movements)
Take Profit: 1.97170 (targeting the next key support level)
Fundamental Outlook:
Impact on GBP/AUD:
Key economic indicators from the UK and Australia will significantly influence the GBP/AUD pair. Factors such as interest rate decisions, employment data, and inflation rates can affect the strength of both currencies.
Positive Economic Data from the UK:
If the UK releases stronger-than-expected economic data, it may bolster the GBP, potentially leading to a failure to break below the minor key resistance and resulting in bullish momentum.
Negative Economic Data from Australia:
Conversely, if Australian economic indicators show weakness, it could lead to increased selling pressure on the AUD, supporting our bearish outlook for GBP/AUD.
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
GBPAUD I Correction and more potential growthWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBP/AUD Is ready to fall A great selling opportunity is approaching as the trendline has broken, and the price is now in a resistance area. This area has shown a previous sharp fall with a significant wick, indicating potential for another drop. We expect the price to decline quickly, providing an opportunity to capture a few hundred pips. This trade is likely to be completed within two weeks. Keep a close watch on the price for the best entry point. Thank you!
GBPAUDGBPAUD has broken out of its channel and is exiting a consolidation phase, signaling potential momentum in the direction of the breakout. Keep an eye on key levels for confirmation and follow-through.
GBPAUD: 600+ pips, possible big move happening soon! Dear Traders,
We have an excellent selling opportunity coming up where we can see price dropping in no time, and can help us gain few hundred pips. We hoping for this trade to be completed in two weeks time. Please watch the price carefully. Thank you.
GBPAUDThe potential BUY scenario for the pair next week:
The pair is to be monitored as it approaches the designated BUY zones on the chart.
GBPAUD-SELL strategy 12 hourly The pair is under pressure, and indicators are mainly negative. It is possible we may see a move towards 1.9550 in the medium-term.
Strategy SELL @ 1.9840-1.9880 and take profit near 1.9590.
Macroeconomic analysis, positioning, technical analysis. Short GHello everyone, today I want to share a trading idea that recently triggered my short entry.
The GBP/AUD pair is hovering near period highs not seen since 2020.
I think in the short term we might witness some pullback. Let’s analyze the situation.
MACROECONOMIC ANALYSIS
- Data
The latest data reflects a marked improvement in the Australian labor market, with the unemployment rate beating expectations. A rise to 4.2% was forecasted, but the figure dropped to 3.9%. This comes after the RBA decided to keep the reference rate unchanged, adopting a dovish tone compared to recent statements. It remains to be seen if this data could shift the narrative once again.
- Economic growth
The positioning and momentum on the pound indicate confidence that the economy could grow by 2025 or that inflation will remain stickier than expected. This affects the BOE’s monetary policy decisions. Interest rates have risen more than in other economies and are now at their peaks. On the other hand, the BOE recently adopted a dovish tone, suggesting the possibility of four rate cuts in 2025.
In a recent article, Goldman Sachs highlighted that the UK’s growth might underperform expectations. UK GDP is expected to grow by 1.2% in 2025, slower than the Bank of England's 1.5% projection and slightly below Bloomberg's consensus estimate of 1.3%. The team predicts growth of 0.4% in the first quarter of 2025 compared to the last quarter of 2024, with a slowdown to around 0.25–0.30% quarterly for the remainder of the year. They also foresee inflationary pressures easing through 2025, paving the way for deeper rate cuts than currently priced in by the market.
www.goldmansachs.com
- Interest rates
Interest rates in the UK have risen more than in other economies, reaching a peak of 4.6%, reflecting aggressive rate policies. Meanwhile, AUD/USD movements appear closely tied to Chinese rates, which are at historic lows, potentially priming for a rebound and, consequently, a recovery in the cross, due to potential stimulus measures for the Chinese economy.
POSITIONING
- COT (Commitment of Traders)
Let’s analyze the COT to check for extremes on either side.
www.tradingster.com .
Long positioning on the pound is at its highest since 2018, while for the Australian dollar, we are in negative territory after a decline. Momentum does not favor either currency, as traders are offloading or increasing short positions.
SEASONALITY
We are entering a period of strong negative seasonality for the pound, which typically tends to decline from the first week of December until the end of the month.
TECHNICAL ANALYSIS
From a chart perspective, the pair has just broken a dynamic trendline support on the 4H chart after a strong rally to period highs. The RSI clearly shows overbought conditions with bearish divergence.
Entry: Upon the break or retest of the trendline.
Stop Loss: Above the volume area signaling the break.
Take Profit: Near the volume area supporting the price.
Thanks for your attention!
GBPAUD Trade IdeaGBPAUD has had a change of direction after breaking structure and below a key level followed by a retest to confirm the break out. a continuation to the downside is what i anticipate after a break out and retest of the other key level
GBPAUD Massive Long! BUY!
My dear subscribers,
This is my opinion on the GBPAUD next move:
The instrument tests an important psychological level 1.9840
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9916
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
[GBPAUD] Short swingI missed the perfect entry for this short but building a position on the way down with limited risk.
I will manage the position even more strictly.
Great Trade !
GBPAUD - Employment in Australia is at good levels!The GBPAUD currency pair is above the EMA200 and EMA50 in the 4H timeframe and is moving in its upward channel. In case of failure of this channel, we can see the demand zone and buy within that zone with appropriate risk reward. Continuing to move in the channel will pave the way for this currency pair to rise to the supply zone. Within the supply zone can look for GBPAUD sell positions.
1. Renewable Energy in the UK:
British ministers are preparing for the largest renewable energy subsidy auction in the country’s history to achieve the challenging goal of generating clean electricity by 2030. Ed Miliband, the Energy Secretary, is set to launch the “2030 Clean Electricity Action Plan” today, aiming to decarbonize the power system by the end of the decade. A recent auction secured funding for 131 clean energy projects, guaranteeing 9.6 gigawatts of energy capacity, enough to power 11 million homes. Government officials plan to hold the largest auction to date by 2025 to meet the 2030 target of at least 95% low-carbon electricity.
2. Trump’s Proposed Tariffs:
According to a Reuters survey, most economists believe that Trump’s proposed tariffs would have minimal impact on the UK economy. The survey revealed that the Bank of England is likely to cut interest rates by 100 basis points by 2025, with reductions probably occurring quarterly at 25 basis points each. Additionally, all 71 economists surveyed predicted that the central bank would hold the interest rate steady at 4.75% during its December 19 meeting.
3. Challenges in AI Oversight:
The UK is facing challenges in its efforts to expand global oversight of artificial intelligence. The country aims to strengthen its “Artificial Intelligence Safety Institute” (AISI) and solidify its position as a leading institution in researching AI risks. However, plans to open a new office in San Francisco have been delayed due to elections in the US and the UK, as well as hiring challenges.
4. London’s IPO Market Decline:
The London Stock Exchange, once a leading and prestigious center for initial public offerings (IPOs), has now fallen to 20th place among global markets, recording none of the top 100 IPOs in 2024. Markets like Oman, Malaysia, and Luxembourg have outperformed London in attracting IPO capital. The outflow of companies from the London Stock Exchange has also risen, exacerbated by 41 consecutive months of capital outflow from UK equity funds, increasing pressure on market brokers to merge or sell.
5. Australia’s Unemployment Rate:
Australia’s unemployment rate in November dropped to its lowest level in eight months, while employment continued its strong growth trend. This surprising strength led markets to reassess the likelihood of a rate cut in February, following the Reserve Bank of Australia’s unexpected dovish shift that hinted at potential monetary easing. Data from the Australian Bureau of Statistics showed that the unemployment rate fell from 4.1% in October to 3.9% in November, the lowest since March. Analysts had expected unemployment to rise to 4.2%. The participation rate declined from 67.1% to 67.0%. Net employment in November increased by 35,600 compared to a revised figure of 12,200 in October, exceeding market expectations of a 25,000-job gain, driven largely by full-time employment growth.
GBPAUD FORECASTWhen I look the higher time frame, this pair is looking to have the higher probability to drop. The 4H timeframe has made me to look it with a close eye today. So guys let's wait and see how the market will play out
Fri 13th Dec 2024 Daily Forex Charts: 8x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 8x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a EUR/USD Sell, GBP/USD Sell, Silver Sell, AUD/CHF Buy, EUR/AUD Sell, GBP/AUD Sell, AUD/NZD Buy & CAD/CHF Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
