Gbp-aud
GBP/AUD LONGWe are looking at an accumulation 1 that price broke through and is retesting the resistance. I'm Looking to go long until around 1.87131 to 1.8986 and up. Manage risk.
GBPAUD ShortWeekly trend line has still not been touched on GBPAUD, MACD and RSI showing support for further downward movement. However Stoch is undersold which could be a small move upwards before downtrend continues.
Waiting for the failed breakout of the 1.83200 zone before entering a short trade.
GBPAUD: Price Action & Trading Plan For Today
morning guys!
after a sharp, long lasted fall, GBPAUD has finally found strong support.
the price not only managed to stop rallying but, moreover, it has easily violated the last lower high level,
setting a new higher high and establishing a local bullish trend on 1H.
now the price is consolidating in a local horizontal range.
if you want to catch a bullish continuation, the best option is to wait for a bullish breakout of 1.833 level (1H candle close above).
then you can buy on a pullback or aggressively, aiming at 1.8445 (based on 4h/1h structure)
if the market violates the range to the downside, setup will be invalid.
GBPAUD Price has almost bounced back up into our bearish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPAUD - SWING - 09. JUNE. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bullish price action above previous highs.
4 HOUR
Overall bearish market with a possible turn.
DAILY
Good long entries, prices came back to our main sr level.
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82550
SL @ 1.80830
TP @ 1.84960
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD Scalping AnalysisPlan : After Spread Be Low We Can BUY To Yellow Area
Take Profit On Chart And Add 200 Pips Swing Target
Stop lose 40 - 50 Pips
GBPAUDTF: 12 Hr
GBPAUD is looking quite interesting. Looking to the left shows a lot of wicking with some wicks being a couple hundred pips. On the monthly price is in a downtrend. With the large wicking on the daily, some large movement down could be coming in the near term
GBP/AUD to fall.The last forecast correctly predicted the direction of the price for GBP/AUD. Now the pair is about to land at the old Support zone , so the Downward trend continues.
GBP/AUD 4H+ seeing GBP/AUD heading short hard, it will need a good resistance level, i nice short entry if we see a confirmation
#GBP/AUD
leave a like & a comment .
GBPAUD *Updated View*When I previously wrote about this pairing a few weeks ago it was trading at 2.035, however, over the past weeks, there has been a steady fall of GBPAUD. With a number of economic indicators being released this week, including interest rates and GDP for Australia, I thought I should review my outlook on this position.
My first target price of 1.86 was met and my second target price of 1.81 should be comfortably met this week. When it reaches 1.81 the pairing will have to be watched carefully as this point of resistance could either see a rebound in-line with the pairings short term trend up to the 1.9's or it could continue on its longer-term downwards trend and begin the fall down to 1.71, my third target price.
Looking at my technical indicators, we are close to seeing a cross over in 200 and 50 ema within the day time frame which will give further confirmation of this continuing downtrend as this has already been seen in the 4-hour and 1-hour time frame.
Would love to hear feedback on my analysis as always!
Stay safe.
GBP/AUD to decline.After getting the new Support zone the GBP/AUD is the the Downtrend. The price is below the MAs and they do not look like crossing , hence there are no reasons to expect the trend to finish.
Nube #41GBPAUD buy limit @1.85622
SL @1.84968
TP @1.86630
Pretty risky one, as a trend reversal is needed. Price has been unstable lately, so could turn either way. Nevertheless, if the trade starts correctly, it has very big potential, and targets should be extended.
GBPAUD TO BUYYesterday, AUD Private Capital Expenditure had occured. I was looking for a buy which wasn't clear yet. In the past couple minutes, price shot up for GBPAUD. Therefore, we are looking to buy right now for GBPAUD due to the news after affects with enough support.
GBP AUD BUY (POUND STERLING - AUSTRALIAN DOLLAR)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for buy.
GBPAUD - WAITING FOR SELLSMorning
So here is the GBPAUD Trade 2 good resistance on a fib 50% retracement! with 3 trendlines holding it down!
Its already in a downtrend motion remember trend is your friend!
All 3 of my moving averages are confirming downtrend!
HAPPY TRADING
GBP/AUD Buy EntryWe are focusing GBP/AUD for buying is beacuse, first the AUD Currency Index is at its Resistance, and AUD has conquered the Top Flight for the past 2 weeks and I think it will fall with just a slip. Second, it is at the furthers support and it is also a D1 Support, so that the STOP LOSS will not be a big deal since it is a -30pips STOP LOSS. Kind of Risky since the Selling Momentum is still Strong, but this Selling Momentum has been strong for the past weeks. Third, the graph is creating a double bottom.
GBP AUD BUY (POUND STERLING - AUSTRALIAN DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
