GBPAUD ANALYSISGBPAUD rejected from major uptrendline with bullish movement
Pair is based above key level at 1.7790
Above SMA 100
MACD shows start of bullish momentum
RSI is above level 50
It's expected to target resistance level at 1.8015
Gbp-aud
GBPAUD - BREAKOUT KEY LEVELSThis is my personal view, If the BXY price is still showing strong uptrend then i assume GBPAUD price will start to climb up.
Trade at your own risk.
GBPAUD short ideaGoing with the idea that GBP may be priced in and that AUDUSD is showing some strength, I'd expect GBPAUD to weaken. Slowly, people around the world are getting vaccinated and getting things back to to normal. AUD should be ramping up exports to China further strengthening while US is deflationary.
GBPAUD - Breakout - Get in on RETESTFollowing the previous GBPAUD analysis, we have seen a breakout. The double bottom indicated that there may be a trend reversal which we have now seen.
Wait for price to correct back to the area marked and gain an entry on the retest.
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GBPAUD - Breakout - Get in on RETESTFollowing the previous GBPAUD analysis, we have seen a breakout. The double bottom indicated that there may be a trend reversal which we have now seen.
Wait for price to correct back to the area marked and gain an entry on the retest.
If you like the charts, give it a thumbs up! Trade Safe.
GBPAUD Bull Run Continuation?Lower Highs & Lower Lows and a strong impulse to the downside confirming the breakout. Want price to start collecting liquidity, before a full move to the downside.
GBPAUD LongAnother trade against the Ausie. It's nothing personable.
GBP has been strong recently, and AUD weak. Break-out of descending wedge. SL is under the candle that broke the wedge, and TP is at the top of the pattern where there is some resistance.
GBP had a long bullish run to break the pattern. I'm very comfortable with the fact that there is a retracement. Hopefully my 1% stop is tucked nicely away to let this trade play out and let price breath.
GBPAUDmy outlook on gbpaud - this is my gbp chart analysis i hope this one if off to a good start - simple break down here in my eyes - buyers are taking a beating
GBPAUD: An upcoming CHANNEL'S BREAKOUT!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/AUD
⚪ Technical Analysis :
Since the 27th of January 2021, the price has been moving following an interesting ascending channel, once it got a strong bullish impulse on the level 1.77500, bouncing few times between its channel's lines.
Yesterday, the 2nd of February, the price re-tested an important weekly resistance zone, falling down again until the S/R zone at about 1.78800.
It is currently re-testing the same zone and the next price action around that level will be essential to understand the next market movement.
🔴 Conclusion :
There is a possibility to see the price moving up again, but I'm confident to see an upcoming bearish movement because the weekly resistance level at about 1.80000 rejected the price many times in the past.
In the daily perspective we still have a strong bullish movement but the RSI with 20 periods is currently showing us a clear divergence.
I'll be waiting for the price breaking through the channel before planning my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
Selling GbpAudI'm selling GA.
Price is at the resistance with a beautiful doji at the top,
and I think that Gbp is also overall weak at the moment.
tell me what you think in the comments.
gbpaud long setupI think we have some weaknesses with the AUD atm.
if the market could give us a nice healthy retracement ill go long for a continuation of the movement!
Target MPI am looking for shorts here to the monthly pivot.
Move nearly completed the TD projection and price is hitting 8 months average price where it should find the resistance.
FOR EDUCATIONAL PURPOSES ONLY.
GBP/AUD Bullish BreakoutGood morning traders, today we bring you our short and medium term analysis in GBP/AUD, which we consider has good upside potential.
🔸As we see in the 4H chart, after the bounce in the Support Zone, there was a very clean upward movement, generating a breakout of the Descending Trendline.
🔸Now, what we expect is a corrective move, which can be towards the nearest support zone or a throwback to the broken trendline, before resuming the bullish movement.
🔸Regarding the target of the movement, the most imminent zone is the Resistance at 1.8200.
🔸If we look at the daily chart, we see that it supports the vision of the 4H chart, since the price generated a fakeout of the Descending Trendline, and then with the bullish momentum it managed to penetrate the long-term Descending Trendline.
GBP AUD SELL (POUND STERLING - AUSTRALIAN DOLLAR)Hi there. Price is forming a continuation pattern to the downside.
Watch strong price action at the current levels for sell.
GBPAUD - Setting up for LONGPreviously written about this pair saying there's 2 scenarios. Seems to have broken out of the bearish trend and will be looking for corrective price action back to the red dashed trendline in order to gain a LONG entry
GBPAUD - Setting up for LONGPreviously written about this pair saying there's 2 scenarios. Seems to have broken out of the bearish trend and will be looking for corrective price action back to the red dashed trendline in order to gain a LONG entry
GBPAUD sell area now liveGBPAUD sell area now live, as trend try to reverse, RSI overbought
SL -50 pips
TP1 50 pips
Tp2 100 pips
GBPAUD: Following the ASCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/AUD
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been moving with a strong uptrend, following an interesting ascending channel and few bounces on its dynamic support are an extra confirmation of the validity of that pattern.
It has currently reached its dynamic resistance line and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
I believe there is a good chance to see the price rising until the main resistance zone at about 1.79000 but as a trend follower I won't open any long position right now because the price is just around its dynamic resistance line.
I'll be waiting for the price reaching its dynamic support and I'll open my next long position once I'll get a proper rejection on that area.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPAUDGBPAUD had broken out its uptrend line and tested it. The price has some time for consolidation and it will fall to the previous low.
Best regards EXCAVO
GBP/AUD Analysis Jan. 24, 2021Welcome back! Please support this idea with a LIKE if you find it useful.
** GBP/AUD will continue to rise to 1800 zone.
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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Brian Kenya Horton, BK Forex Academy
GBPAUD - 500 Pip PossibilitiesReasons to go SHORT:
- 0.5 Fibonacci
- Descending trendline
- Zone
- Corrective structure
Reasons to go LONG:
- Double bottom indicating trend reversal
GBPAUD - 500 Pip Possibilities Reasons to go SHORT:
- 0.5 Fibonacci
- Descending trendline
- Zone
- Corrective structure
Reasons to go LONG:
- Double bottom indicating trend reversal
