Gbp-aud
GBPAUD Looks Bearish All the way - Elliott waveHello traders,
GBPAUD remains in downtrend as recent bounce looks slow and it appears corrective. In fact, rally fits perfectly into an extended bearish wave 3, where price is now ending a sub-wave iv. More weakness in view.
Trade well!
GBPAUD - BUY. Target - 1.272 by fibonacci of the retracement.Bullish break out of the H1 bearish trend line which is a retracement of bigger daily bullish movement. the retracement was deep - until 0.786 of fibonacci. Target - 1.272 by fibonacci of the retracement.
GBPAUD - Retest of 2020 low? Head and shoulders pattern observed on GBPAUD 1 hr.
I am anticipating a retest of the broken neckline before a continuation to the yearly low. We are only 170 pips away!
Monitoring this one closely
GBPAUD - SWING - 13. JULY. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish price action this week.
4 HOUR
Bullish takeout last week with insane bullish pa.
DAILY
Overall bearish market in a pullback, looking for a drop now..
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FOREX SWING
SELL GBPAUD
ENTRY LEVEL @ 1.80760
SL @ 1.81840
TP @ 1.79210
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBP/AUD ANALYSIS G/A ANALYSIS 7/12
Price has recently bounced from an impulse move
We may see price correct within this region
Long term Bull bias, currently we are just ranging
TO STAY UPDATED REGARDING THIS PAIR...
🎇 ⬇ CHECK OUT BELOW ⬇ 🎇
GBP AUD SELL (POUND STERLING - AUSTRALIAN DOLLAR)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
GBP/AUD: Buying the breakout!According to the form of the curve, it seems prices have shifted temporarily from bearish to bullish.
I am looking to take advantage of today's GBP strength and buy the pair as soon as the channel is broken to the upside.
I will first target the 50% retracement, then wait for a re-test of the structure. If i see a rebound, I will target the 61.8% fib retracement (T2).
Trade at your own risk
#GBPAUD - Interested in GA Longs on SSL Sweep + 1.81 break 1.80 major pivot we are trading above
I will be monitoring this as it is Wednesday about to be Thursday (11:37 PM EST) and I am gonna be trading London + NY to see where price should go
Will update closer to London or NY open
GBP/AUD LONGLooks like it could be forming a clear double bottom showing the reversal of this pair. If it breaks expect it to rise to the 1.829 point to complete the pattern. It has so overcome resistance first so be reactive when trading this. Hoping it will break in the London session today
GBPAUD Buy SignalPattern: Channel Down on 1D.
Signal: Bullish as the price is not only testing the 4-year Higher Low trend-line but the 1D MACD is also rebounding on a 2016 Symmetrical Support Zone.
Target: The 1D MA200.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
Don't miss the great buy opportunity in GBPAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7945). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 1.8090
TP2= @ 1.8175
TP3= @ 1.8340
TP4= @ 1.8450
TP5= @ 1.8660
SL= Break below S2
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Don't miss the great buy opportunity in GBPAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7945). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 1.8090
TP2= @ 1.8175
TP3= @ 1.8340
TP4= @ 1.8450
TP5= @ 1.8660
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPAUD TO SELL (GBP FINAL SERVICES NEWS AFTER AFFECT)Sell GBPAUD as it is going into a downtrend. The news of GBP Final Services are starting to show the after affects.
TP: 1.79 OR BELOW
GbpaudGbpaud has more than 2 month that is bearish.
1. A break of last support is good opportunity for sell
2. I am waiting for a bullish correction move so if price breaks the resistence and retest it i will look for buys.
GBP/AUD: Selling @ market priceThe pair just broke a double support.
I am taking advantage of GBP weakness and AUD strength and selling @ market price, targeting the next fib level.
***Trade at your own risk***
GBPAUD - Break Above 1.80 Would Warrant Upside Into 1.81/2+Could bore you with technical/fundamental analysis but going into end of week its really just all eyes on 1.80 as spoken about
GBPAUD Long - FlashcardGBPAUD Long
Direction: - Just started a Bullish Cycle a day prior, so I was only looking to go long.
- Both higher time-frame, H1 & H4 MBL started to point upwards, indicating trend was Bullish.
- Other GBP's, which are correlated, were also in a Bullish Cycle.
- Divergence on the H1 from the reversal, indicating a change from a Bearish to Bullish Trend.
Entry: - Low held for multiple hours, with candles pinning the low and not closing below. The price action indicated the day's low was not going to be broken.
- I entered the trade once the candle went above the 13 EMA, as this showed a confirmation for a rise.
- MBL (Market Base Line) was leaning upwards on the M15.
Exit: - 26 pip SL @ 7 pips below day's low.
- 38 pip TP 1 @ just below YH.
- 57 pip TP 2 @ RSI cross over on the Signal Line.
