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Gbp-aud

GBPAUD Daddy LONG LegsPrice on GBPAUD has been bullish since June of 2019, and has been on a healthy run to the upside since Jan 2020. Price peaked at 1.975xx and then dropped sharply to 1.926xx before dropping to 1.917xx just above major support. I believe that the current consolidation that has been accumulating since Feb 7 will produce another leg to the upside, at least to clap the previous high at the 1.94 mark. If we break above 1.94, then 1.96-1.97 are on the table for a double top at previous high. For this set up, I'd suggest stops below current support that has been tested nearly 4 times now at 1.9215. A true sell of will be a violation of the 1.911xx zone (break and retest. The I will consider this pair bearish. As of now, we have a long term uptrend still in tact. Best of luck.
Long
by Brienen-Analytics
GBP/AUD-4 Hour time analysisHello everybody! -On 4 hour time frame we can see that price is bouncing off support line,we can see lot of rejections on that line.On daily time frame we can see that blue resistance line that is now support,that is resistance line of ascending channel and it is very solid rejection line. -The price is under 100 EMA so we can see if 100 EMA is going to test and reject the price,if we get rejection then we can consider 100 EMA as some kind of resistance . -On 4 hour base GBP and AUD are on similar level while on daily base GBP is weaker than AUD. -I recommend to wait and see which pair will gain more power and take control. -WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial
by lCrn49
GBP/AUD-4 Hour time frame analysisHello everyone,I want to share this with you! -On 4 hour time frame we can see that price formed nice head and shoulders pattern and we can see that the price retested few times support line(neck line). -Head and shoulders is bearish pattern so that means that price may continue in bearish direction but if we have more rejections from that support line we may expect bullish movement. -On daily base we can see that AUD is stronger than GBP,AUD is at 88 level while GBP is at 59...If AUD remains stronger we can expect bearish movement and if GBP gain some power and AUD lose some power we can expect bullish movement. -WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial
by lCrn49
GBPAUD: Bullish fractal.GBPAUD is consolidating after the 1.9150 bottom. Levels to watch: - The Resistance is at 1.9750 and the Support at 1.9150. - The MA50 on the 4H chart rejected the first upside attempt and the price is now attempting the second one. - The MA200 may provide support near the 1.91500 level. - The RSI is repeating a sequence previously formed after a bottom. This strengthens the bullish case. - The MACD has turned bullish after the 1.9150 low. Projection: - Based on the bottoming sequences on the 4H RSI and MACD, it seems like GBPAUD ahs hit a local low and once a candle fully closes above the 4H MA50, it may repeat a 2.50% rise. If the Support breaks though it should seek contact with the Higher Low trend line. If you like this idea give us a like, follow and share your thoughts in the comments section below. Remember to stay tuned for future technical analysis , news, updates, and more from PrimeXBT!
Long
by UnknownUnicorn3931771
GBPAUD - FOREX - 10. FEB. 2020Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bearish market and prices action. 4 HOUR Found its support now and is looking for an upside pump. DAILY Great long entries, prices very low and at our support zone. - FOREX SETUP BUY GBPAUD ENTRY LEVEL @ 1.92940 SL @ 1.91120 TP @ 1.96590 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
Long
by DACapitalTrading
12
GBPAUD | Head & Shoulders + RejectionPlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.92350 TP1 - 1.91131 TP2 - 1.89521 TP3 - 1.88351 TP4 - 1.86717 SL - 1.92740 Reason: Price formed Head and shoulders. Was rejected by Ichi Cloud resistance. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
6
GBPAUD| Follow the RetracementPlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.92623 TP1 - 1.87699 TP2 - 1.83027 SL - 1.94139 Reason: Price was rejected by Trendline resistance of an Ascending Channel and we can follow the retracement. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
2
GBP/AUD-Daily analysis-Hello everybody! -On GBP/AUD we can see strong bullish movement and retest on ascending channel's resistance line.We can see example of bullish engulfing but will engulfing happen at the end of the day? -AUD is very weak right now on daily base and GBP is strongest currency on daily base but on weekly GBP is very week,whole week GBP was weak and AUD was strong until today. -We can expect nice move in bullish direction if GBP remains strong until end of the day...But that is just my opinion. -On lower time frames like 1 and 4 hours we can see that bulls are in control and we can see lot of rejection on support line. -WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
GBPAUD and the long HOME RUN!GBPAUD is in a really important moment, it's being acumulated but we need more acumulation before buy so we will wait a bit and we will also observe if the value can go a bit more down to get a better entry , there are a lot of confluences in our favour for example the the uptrend that needs a P3, fibonacci also could help us because if the value falls to 61% the entry will be excelent and one supply in 1.91100 that has been respected a lot of times. So we will wait a little before the entry and let's catch this pips!!!
Long
by BlazeGP
GBPAUD SS Short + 198 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.9261 Stop =1.9286 Risk = 25 pips Profit target = 1.9063 ( The daily projected low ) Reward = 198 Pips RRR = 7.92-1 BO Entry = 1.9183 Stop = 1.9208 Risk = 25 pips Profit target = 1.9063 (the daily projected low) Reward = 120 Pips RRR = 4.8 - 1 I would appreciate if you leave a comment or like as a thank you Allen
Short
by AGold54
6
GBP/AUD-Daily analysisHello everybody! -On this pair we can see that price broke the ascending channel's resistance line before almost 10 days,price was moving in bullish direction and now price went back down to retest. -We can expect 2 options to happen; 1.Price will test new support line and bounce off in bullish direction. 2.The breakdown will happen and the price will keep pushing in bearish momentum. -On lower time frames we can see lot of rejections on support level but GBP is weaker than AUD so price may keep pushing down,... -I will wait for more conformations to decide what to do. What do you think about this setup? Please let me know in comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
GBP/AUD-Weekly analysis-What to expect ?Hello traders! -On weekly chart we can see that week started with strong bearish momentum,WHY?-Because AUD is very strong right now and GBP is very weak and AUD is pushing GBP in bearish direction. -I have noticed that price is rejected on strong weekly resistance line(upper blue line)-if price stays above that line we can say that resistance become new support. -We have 3 days until markets are going to close so we will see what is going on.Will price break that resistance and went bearish or the price will keep in bullish direction? -I believe that price will push in bearish direction because AUD is very strong now on daily and weekly base. -I will also wait for more conformation on lower time frames and I will wait to news what is going on with this pair. -ALWAYS BE PATIENT ABOUT TRADING AND YOU WILL HAVE BETTER RESULTS! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
GBP/AUD-4 hour time analysisHello everybody! -On 4 hour time frame i have noticed that price was retested on ascending channel's support line (blue line) and price didn't break trough that line. -Within 24 hours the price was moving strong in bearish direction and price formed strong down trend at lower time frames(2 hours,1 hour,30 min,15 min,...) -I believe that price will keep pushing in bearish direction because AUD is way more stronger than GBP so far. THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49