GBPAUD - FOREX - 23. MAR. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish break towards our support zone and price change area.
4 HOUR
Slow market running sideways looking for a bullish push
DAILY
Overall bullish market in a pullback, great short entries and price action.
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FOREX SETUP
BUY GBPAUD
ENTRY LEVEL @ 1.99210
SL @ 1.94600
TP @ 2.08500
RR: 2.0
Use 0.5% risk!
(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
Gbp-aud
GBPAUD Close to RESISTANCE level.Hello friends. Here is our analysis on GBPAUD. For a lot of time the pair seems to be going on inside the channel. As we can see that after march its started getting consolidating very aggressively. There looks like a lot of buying pressure. In the image given in the comment section you can also see that there is a buying trend in D1 as well. So there is a good chance that the pair will soon break the resistance line and start going up.
Your views are welcome. Thank you.
Ryan.R.Lopes
GBPAUD For Short Side TradeGBPAUD Form a Symmetricle triangle top we might see some correction in GBPAUD towards mid of channel if that breaks we may see further downside toward meeting point of rising wedge resistance and channel line Support. as long term trend is on upside this trade is for shorter time frame.
Stay With Us For More Idea.
GBPAUD LONG TRADEGBPAUD broke 50% Fibonacci of preceding bearish wave at level 2.0198 with strong bullish movement
Pair is in uptrend
Above SMA 100 on H1 frame
MACD shows start of bullish momentum
RSI is above level 50
Pair is above HVN at level 1.9867
It's expected going up towards supply zone at level 2.0755
GBPAUD sell potential is off the charts *peep the pips* GBPAUD restested the strong key support/resistance area box. This will be a good re-entry/continuation trade for the pair. AUD news coming out in a couple hours which is looking positive which could push GBPAUD lower. Check out the 1h chart or the 2h chart and you'll see price reversing exactly at the key area box. Some good indications but if you place a fibonnaci from the last high to the low you'll see the 32.8% fib is just at the top of the key area box so this trade is rather risky. Overall, I'll check on the trade after the news settles and I get home tonight.
GBPAUD - FOREX - 02. MAR. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Bearish break towards support zone.
4 HOUR
Overall bullish market with a pullback now.
DAILY
Great long entries and risk reward on this one.
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FOREX SETUP
BUY GBPAUD
ENTRY LEVEL @ 1.95060
SL @ 1.93650
TP @ 1.97850
RR: 2.0
Use 0.5% risk!
(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
This time we gonna nail this gbpaud down !! mua hahaha :D on the 2nd of feb we managed to get a nice sell signal on gbpaud ., now we have another chance to sell gbpaud , our trade signal is for monday night 2nd march . we will look for selling opportunities. we can use a tight sl just above the top level around 1.99.
we also witnessed strong bear divergence on euraud chart , and we dont have any divergence on eurgbp so we believe that gbpaud will be great trade.
wish you good luck and happy profits .
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.9655). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.9522
TP2= @ 1.9343
TP3= @ 1.8765
SL: Break Above R2
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.9655). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.9522
TP2= @ 1.9343
TP3= @ 1.8765
SL: Break Above R2