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British Pound / Australian Dollar

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GBPAUD trade ideas

GBP/AUD Analysis – 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.
Long
by omossa
1
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.
by Shavyfxhub
British Pound/ Australian Dollar Buy. Looking forward to buy at that zone 2.00004 using 20pips SL with 1:10R as Take profit level. Thought : Using the previous week Friday Low as the liquidity hence expecting upward price movement after clearing that zone. If it didn't hold ; I'll be looking forward to buy from 1.99414 because it's within the Imbalance created last week and also within the discounted zone of the current 4hr range. I'm anticipating the weekly candle to close bearish while Tuesday or Wednesday is the high of the week. What's your thoughts on this? 🫴 Let's share Ideas 💡 #HallowAdept.
by HallowAdept
GBPAUD 4HGBPAUD 4H📊 1. Trend- Bullish on 4H and Daily timeframe 2. Current phase- Retracement stage (re-accumulation) TRADE APPROACH (Expectations) 1. We are currently seeing price move inside our weekly range that broke structure. Price is bullish and below our 50% Fibo level we have 2 demand zones + FVG that may inject more orders to refuel the current bullish trend. We expect price to open high and move lower towards our liquidity zones. 2. If price successfully accumulates enough orders to take out swing low as sellside liquidity, we will see more bearish momentum and trading zones (Supply zones will form) during the week distributing price downside targeting further further sellside liquidity until next unmitigated demand zone is met on the higher timeframe. 📈 Further updates to be posted later this week.
Long
by ZIPHO67
GBPAUD move lower to mid point of trendMacro trendline is bullish. Alert placed around 1.99 for a short to 1.97 (200pips). Id like to see a internal liquidity sweep inside the 4H FVG and well inside the premium zone. Target would be 50% fib level and weekly support at 1.97. A break of this zone could see a deeper move to grab Liquidity at 1.95. News this week will determine the size of the move.. GBP news - unemployment rate - PPI - inflation rate - interest rate decision - retail sales (less important) This is an idea only, do your own research. Happy trading
Short
by PLaceUrBetsPlease
AUD/JPY Short and GBP/AUD ShortAUD/JPY Short Minimum entry requirements: • Break above area of value. • 1H impulse down below area of value. • If tight 5 min continuation follows, reduced risk entry on the break of it. • If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it. GBP/AUD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
Short
by StewySongs
GBPAUD Bullish Trade Idea from 2.00381-2.0082GBPAUD Bullish Trade Idea The price fell from the 2.02834 zone and hit back the 2.00381 zone, just respecting the recent support level. Now the important question is: does the price just test back and wait for the confirmation candle over this zone to reach the next level? In H4, the bear pressure will increase over time, and the volume increased with sentiments also showing that more volume on the buy side. and the major zone will be tested. Key level: if the market breaks the support, then we must see at the 1.99567 zone, but on the other side, the Pound index is strong enough. When the market breaks the 2.00820 level, put buy trade. Buying zone: 2.00381 - 2.0082 Stop loss: 1.99778 Take Profit Level: 2.0158-2.02763
Long
by Bloom_Forex_Official
GBPAUD to the moon?Taking a long position on GBPAUD, main reasons being: - BoE holding interest rates for now and less rate cuts are expected next year, could drive more institutions to hold GBP and increase it's value - AUD are trade partners with China who are experiencing significant economic instability - COT traders are 57% long on GBP (+2.14% compared to last week) - COT traders are 52% long on AUD, but are adding more short positions (-4.53% change in net long positions compared to last week) - Retail traders are 93% short on GBPAUD (I find that retail is usually wrong, so this is a positive signal for GBPAUD longs in my book) This trade is more based on Australia's weakness rather than Britain's strength. I was also thinking of shorting AUDJPY (see previous trade idea) or AUDUSD. I couldn't get in a position that I liked on AUDJPY (yet) and I'm already in a short position on EURUSD, so I want to diversify a bit away from the US Dollar. The reason I'm entering here is because it is filling an imbalance candle, and it's also at the 0.682 mark on the Fibonacci retracement tool. If I get taken out I don't mind, there may be better entries on GBPAUD available if that happens, or there may be an opportunity to short AUDJPY instead, which I prefer the fundamentals of. Don't take this as investment advice, I'm just sharing what I'm doing. Please don't follow me blindly, create your own strategy and ideas.
Long
by ciantrades
3