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GBPAUD

GBPAUD Expected Growth! BUY! My dear followers, I analysed this chart on GBPAUD and concluded the following: The market is trading on 1.9104 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.9173 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPAUD Sell every riseThe GBPAUD pair eventually hit our 1.9000 Target after our latest sell signal on April 04 (see chart below): The price is now consolidating around the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) cluster, imitating the late October 2023 consolidation. As long as it stays below the Lower Highs Zone, is will initiate in our opinion the periodic Bearish Leg towards the 1-year Higher Lows trend-line (green Cup). Our medium-term strategy involves targeting the 1.89100 Support for lower risk. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
GBPAUD longMonthly; Head and shoulder formation. Price has tested the shoulder at 1.8900. The thesis on the month for now is buy. The next noticeable and respected region is 1.9250 Weekly; Price collected a lot of buy orders at 1.8600 and there was a rush of momentum up to 1.9500. I can tell that the main price target was at 1.9750 and price has shown that it wants to break the resistance region at 1.9550 but it has failed in multiple attempts. Hence, price had to retrace and go collect orders from a different liquidity zone. As we can see price went all the way to 1.8900, where it consolidated for two weeks (evident due to the two doji candles), so as to collect buy orders. Two weeks ago, a lot of orders were filled and price closed above 1.9100. The previous week saw us retest 1.9100. This week we have tested 1.9100 again so price is headed upwards. The next target is 1.9290. Daily; We can see price consolidated at 1.8900 where orders were collected and a rush of buy orders saw price explode upwards. 27th to 29th May 2024, saw price retest at a major buy region at 1.9195. However, price was unable to close above or break through the 1.9215 handle and it went all the way back to 1.9100 to collect orders on 31st May 2024. Yesterday, price spiked 1.9100 again and a rush of bullish momentum is evident. The next daily targets are 1.9290. This is evident cause price has closed above a daily region at 1.9180 4 hour; On Friday, price tested 1.9100 and headed upwards. Asian session on Monday saw price gap towards 1.9120, which is a 4 hour region since there is a body closure there. Price went up until early London session where we saw price gain bearish momentum Price closed below Friday's low. This tells me that stops were hit. Hence, price gained enough liquidity for it to rapture upwards. We saw a rejection of 1.9170, however, price managed to close above the resistance area. I know that price is headed upwards, however, I have not pinpointed a perfect entry point to capitalize on the move.
Long
by kingmwenja
Heading into overlap resistance, could it reverse from here?GBP/AUD is rising towards a resistance level which is an overlap resistance level which lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 1.92017 Why we like it: There is an overlap resistance level which aligns with the 161.8% Fibonacci extension. Stop loss: 1.92340 Why we like it: There is a pullback resistance level. Take profit: 1.91362 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
GBPAUD SELL | Idea Trading AnalysisGBPAUD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
5
GBPAUD longWeekly; Price closed above a major support region (1.9100) and retested it last week Price is therefore showing bullish momentum to the next region of 1.9290 Daily; Price closed above 1.9100 which is major liquidity region The next major liquidity region is 1.9290 Price has already collected orders from 1.9100 and I believe that it is headed to 1.9290 4 hour; Price formed a three pin pattern on the 1.9100 region as well as a double bottom The closest target is the -27.00 of the fib which is 1.9209 My best entry would be if price closes above 1.9175 and retests the region
Long
by kingmwenja
Bearish drop?GBP/AUD has reacted off the pivot and could potentially drop to the 1st support which has been identified as an overlap support. Pivot: 1.91692 1st Support: 1.90355 1st Resistance: 1.92457 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
GBPAUD Trade Setup: Bearish ChannelGBPAUD has piqued my interest from a mid to long-term perspective. I'm looking at two potential shorting opportunities: Key Levels: - Short Entry on Resistance Retest: 1.9212 - Bearish Channel Indication: As long as this channel isn't violated, it strengthens the bearish bias. I'll be looking for shorting opportunities on both the 4-hourly and 1-hourly charts based on these indications. What's your trade plan for GBPAUD? Comment down below and share your thoughts! Happy trading!
Short
by RaynLim
Trade Like A Sniper - Episode 12 - GBPAUD - (1st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing GBPAUD, starting from the 12-Month chart. - R2F
Education
by Road_2_Funded
GBPAUD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPAUD has been overall bearish , trading within the falling channel in red. At present, GBPAUD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline. 📚 As per my trading style: As #GBPAUD approaches the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
5
GBPAUD longs Previous week showed us a lot of bullish momentum Price closed above a major weekly support level @1.9105 Hence, more bullish momentum was expected this week, and we are getting that It retested a major daily region @1.9200 and formed a candlestick that closed above it. Price has retested that same level today and shown a lot of bullish momentum. I am waiting to buy. If I am to buy the pair, I will wait for price to test 1.9200 and form a bullish setup on smaller timeframes. My targets are: TP1 - 1.9260 and TP2 - 1.9290
Long
by kingmwenja
GBPAUD Will Go Lower! Sell! Take a look at our analysis for GBPAUD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.916. Considering the today's price action, probabilities will be high to see a movement to 1.904. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPAUD forming a top?GBPAUD - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9230. We look to Sell at 1.9230 (stop at 1.9280) Our profit targets will be 1.9110 and 1.9070 Resistance: 1.9230 / 1.9260 / 1.9315 Support: 1.9170 / 1.9120 / 1.9065 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Corrective sideway patternDear analysts and traders, I trust this message finds you in good health and high spirits as you prepare to approach the upcoming week with renewed vigor. I extend my best wishes for continued success in all your business pursuits. It is essential to emphasize that sustained success in business hinges significantly on the consistent establishment and adherence to your principles. As an advocate of the Elliott Wave principle, I regard this methodology as a valuable instrument for market analysis. Over the past three years, I have honed my approach by amalgamating this principle with a meticulous evaluation of diverse market scenarios. I strive to mitigate market uncertainties by upholding a broad spectrum of market perspectives, enabling me to discern market structures with utmost precision. I am pleased to share my analysis with you, with the disclaimer that I do not offer buy or sell recommendations. My perspective on analytical ideas remains entirely impartial, and if my analysis aligns with your standards, it can serve as a compass for informed decision-making. I have enclosed my prior analysis of the same market for your perusal and comparison. All aspects of my analysis are clearly delineated for clarity. Nevertheless, familiarity with the Elliott Wave principle theory facilitates comprehension of the analytical concept. I apologize for the repetitive nature of the text, as my week is occupied with formulating analytical and educational ideas, as well as engaging in trading activities and managing my social networks. Due to time constraints, I am unable to provide textual explanations for every idea, hence the inclusion of a separate text alongside the labeling. Should the text be unclear, I am available to elucidate the key points. My rigorous study of the Elliott Wave Principle spanned nearly three years, during which my grasp and utilization of this invaluable tool evolved. My progress thus far stands as a tribute to the legacy of Ralph Nelson Elliott, whose brilliance underpins my accomplishments. May he rest in peace. I am grateful for your unwavering support and benevolence, and I eagerly anticipate your feedback and constructive criticism. May my analysis serve as a valuable asset in your business endeavors, and I remain yours sincerely, Mr. Nobody Previous analytical ideas Double zigzag pattern bearish scenario
Long
by mehdi47abbasi79
GBPAUD longsWeekly; Price closed with an extremely bullish candlestick and broke a major weekly demand area I expect more buys this coming week Daily; Price has closed above 1.92 daily region and I expect a retest in this new weekly cycle before we head upwards My targets are 1.9290 which is the next daily region 4 hour; Price has formed a bullish pattern However, currently I cannot see a good spot to capitalize on longs since I do not have a well defined entry region Sitting on my hands as i wait to see what the week unfolds
Long
by kingmwenja
Gbpaud likely more upside...Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could have break up or some pullback before heading higher. In my watchlist Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
Strifor || AUDUSD-23/05/2024Preferred direction: SELL Comment: We did not see another short-term growth in the Australian dollar , as a result of which we had to abandon this idea, and today it is most likely better to consider this instrument more from the seller’s point of view. The most likely maneuver in favor of the seller will most likely develop from the level of 0.66460 , which will most likely become resistance again (scenario №1) . However, a close above this level, especially on the daily chart, will immediately restore confidence in buying, and selling will have to wait. Scenario №2 is more conservative, according to which you should look for a sale near the level of 0.67500 , after updating the local maximum. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Short
by Strifor
1
Buy GBPAUD Triangle BreakoutThe GBP/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.9235. Target Levels: 1st Resistance – 1.9334 2nd Resistance – 1.9400 Stop-Loss: To manage risk, place a stop-loss order below 1.9180. This helps limit potential losses if the price falls back unexpectedly. Opportunity Breakdown: Triangle Breakout: Price action recently broke above a bullish triangle, a continuation pattern suggesting further upside potential. Retest Confirmation: The price has retested the broken resistance line of the triangle and held, indicating strong buying pressure. This retest adds confidence to the breakout. Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud. Thank you.
Long
by KABHI_TA_TRADING
2
Could GBP/AUD reverse from here?Price is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 1.9313 1st Support: 1.9093 1st Resistance: 1.9429 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets