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Gbp-aud

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 ❤️
Long
by ForecastCity
30
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.
Long
by FotiosDimitriou
GBP/AUD New Bullish Impulse? by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION: . . 🔸 Price is facing the Ascending Trendline. . 🔸 It showed some rejection signals at the current zone. . 🔸 We observe that the last downside impulse was very pronounced, however, price is on an uptrend. Higher highs and higher lows can be spotted. In case the Trendline can not hold, then the Support Zone would be the first Target of the downside move. . 🔸 Will look for lower timeframe setup. 🔸 DAILY CHART ANALYSIS:
by ThinkingAntsOk