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Gbp-aud

GBPAUD - FOREX - 15. JAN. 2020Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Price finally broke back into our range. 4 HOUR Closed above our Blue support line, price back in range and need to rise. DAILY Price found support and pumping sellers before. - FOREX SETUP BUY GBPAUD ENTRY LEVEL @ 1.88820 SL @ 1.87650 TP @ 1.91150 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
22
GBP/AUD Exchange Rate Edges HigherHello traders! PrimeXBT is here again with another technical analysis breakdown, and today we are taking a look at GBP/AUD . Currently, escalating tensions between the US and Iran are threatening to throw the global political and economic situation into further chaos, dampening market confidence in the risk-sensitive Australian Dollar (AUD) today. Australian Dollar traders are becoming increasingly concerned that souring US-Iran relations could have a knock-on effect on US-China relations, compromising the likelihood of a 15th January trade deal between the two superpowers. With China being Australia’s largest trading partner, this has compromised some of the ‘Aussie’s gains against the Pound today. Any further signs of a breakdown between the US and China, however, will prove to be negative for AUD. Tomorrow (01.08) will also see the publication of the influential Australian AiG Performance of Construction Index for December , with any signs of improvement last month bolstering optimism Australian Dollar. The US investment bank, Goldman Sachs , said in its statement: ‘ The Reserve Bank of Australia to flag downside risks to the outlook from the bushfires in its February Statement on Monetary Policy, but don’t expect the fires to materially impact its central forecasts or policy decision at this stage. Also, the government’s deployment of military assets could provide a larger-than-expected boost to government consumption.’ The noteworthy feature here is the Pound (GBP) rose against the Australian Dollar (AUD) due to growing optimism over Brexit’s progress, with the House of Parliament generally expected to pass Prime Minister Boris Johnson’s revamped Brexit Withdrawal Agreement Deal largely unchallenged. The Pound’s gains, however, may be short-lived as Brexit discussions are set to continue this week. Any signs that Boris Johnson could successfully shorten the UK-EU transition period would likely leave UK markets feeling jittery on the increased prospect of a no-deal conclusion later on this year. A daily close under uptrend line opens the door to reversing the dominant uptrend. Support Levels: 1.877, 1.865, 1.855 Support Zone: 1.89 - 1.895 Resistance Zones: 1.918 - 1.92 , 1.939 - 1.952, 1.974 - 2.005 Please, let us know what you think about GBP/AUD in the comment section below. Keep an eye out for more PrimeXBT trading signals for other assets.
Long
by PrimeXBT
2
GBPAUD SHORT POSITIONIf we do see the GBPAUD start to rotate lower from the 1.91500 resistance area, we could have a head and shoulders reversal on our hands. Notice the left shoulder that developed last October. The head of the pending formation was that multi-year high in December. But to call this a head and shoulders pattern, sellers need to secure a daily close below what would be the neckline near 1.8700 or thereabouts. Given the 9000 pip height of the pattern, a close below that 1.87000 area could open the door to the 1.78000 region. Everyone who saw today’s members-only video knows why that 1.78000 area is significant for the pair. Just keep in mind that there are no guarantees. The GBPAUD uptrend is technically still intact, and without a daily close below the neckline, there is no head and shoulders reversal. WATCH IT AND IF IT UNFOLDS DON'T HESITATE.
Short
by alcance4040
GBP/AUD- FUNDAMENTALS WEEK BUT ALWAYS WITH TECHNICALHello Traders, I have already buy this currency pair in order to catch the movement to the upside. The structure looking good and strong for at least 100 pip movement on daily and also on 4H time frame. However my prediction is that GBP/AUD will reverse to the downside soon with head and shoulders pattern, but these is not a realistic trading idea. It's just a scenario that my experience of 4 years of day trading can occurs. Please because they have close my previous accounts on trading view from mistake and they dont even answer to me the MODS, give like or comment to give me motivation to continue more strong again from the beginning. Step by step if I see that you are interested for learn my personal trading strategies I will create telegram group for FREE. Thank You , Follow me for more ideas soon.
Long
by GiannisVasilopoulos
GBPAUD Swing TradeGBPAUD Daily chart . Nice and simple set up here, we can see from the market bottoming out back in August a huge rally of over +11% and price now testing the ascending trend line once again. Price consolidating slightly atm. (expected during time of the year) Will be keeping an eye on this when market opens as in a favourable position for longs. If trendline is broke ive highlighted potential pull back zone. Stochastic is also indicating price entering oversold territory. Highlighted 1st target, final target are at yearly highs.
Long
by Ironclad_Investments