gbpaud h4 short from resistance tp +250 pips🔸Hello traders, let's review the 4hour chart for GBPAUD today. Strong
V-shape recovery in progress, however also expecting a decent/normal
pullback once we hit the strong overhead resistances.
🔸Heavy overhead resistances will trigger a pullback. Resistances set
at 9490 and 9550, risk/reward will be in bears favor. Mirror s/r level
below at 9265 will be likely targeted by the bears in the pullback mode.
🔸Recommended strategy for GBPAUD bears: short sell rips/rallies near
resistances 9490/9550 stop loss fixed 60 pips TP1 + 150 pips TP2 +250 pips
final TP exit at 9550. swing trade setup, time required to hit both targets.
good luck traders!
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GBPAUD
GBPAUD: UK February ILO unemployment charge better than expected
UK February ILO unemployment charge: 4.2%
Expected: 4.0%
Previous: 3.9%
Job change: -156k vs. 58k expected
Previous: -21k
Average weekly earnings: +5.6% 3m/y vs +5.5% expected
Previous: +5.6%
Average weekly earnings (except for bonuses): +6.0% 3m/y vs +5.8% expected
Previous: +6.1%
Change in March salary: -67k
Previous: 20k; changed to: -18k
This is a particularly combined document as employment numbers are vulnerable whilst wages stay high. The revision of the February payroll indicates that the United Kingdom exertions marketplace constantly stated poor payrolls withinside the first quarter. That is an indication that the activity marketplace is loose, with the unemployment charge additionally rising.
From that perspective, it facilitates give a boost to the case in the direction of slicing hobby rates. But with the warmer payroll numbers, the BOE might also additionally sense vindicated in persevering with to strengthen marketplace expectancies for August`s move.
GBPAUD Will Go Up From Support! Long!
Take a look at our analysis for GBPAUD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.926.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.944 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBP-AUD Will Go UP! Buy!
Hello,Traders!
GBP-AUD is going up now
And the pair made a bullish
Breakout of the key horizontal
Level of 1.9272 and the
Breakout is confirmed
So we are bullish biased
And we will be expecting
The pair to go further up
Buy!
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GBP/AUD BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
GBP/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.931 area.
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GBPAUD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
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GBPAUDGBPAUD is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
GBPAUD: Massive Breakout 🇬🇧🇦🇺
GBPAUD broke and closed below a wide daily demand area last week.
We see a retest of a broken structure after a release of the yesterday's fundamentals.
I believe that the fall may continue from the underlined red area.
Goal - 1.913
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GBPAUD - Potential short idea ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.93000.
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GBPAUD LONG UPDATE newyork sesshYesterday i called put gbpaud early and got in longs after i seen daily rejections. when i placed the trade my account was sitting at $369 in the last video now im back at stage one from silly mistakes again but im still long on gbpaud will attach yesterdays video and keep you guys updated during new york session
GBPAUD Is Going Up! Buy!
Please, check our technical outlook for GBPAUD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.915.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.929 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBP/AUD is ready for changing direction(4/9/2024)After a 5-wave impulse move, GBP/AUD has started the correction. Right now the price is completing the "A" wave. there is a possibility that the price will bounce back after reaching FIB 0.5.
Our technical view has been shown in the chart.
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Team Fortuna
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPAUD: Bullish Continuation & Long Signal
GBPAUD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GBPAUD
Entry - 1.9151
Sl - 1.9074
Tp - 1.9296
Our Risk - 1%
Start protection of your profits from lower levels
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✅GBP_AUD BEARISH BIAS|SHORT🔥
✅GBP_AUD is trading in a
Downtrend and the pair
Made a retest of the broken
Horizontal level of 1.922
Which is now a resistance
And from where we are
Already seeing a bearish
Reaction so I will be
Expecting a further
Move down
SHORT🔥
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GBPAUD On The Rise! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9201
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9285
Safe Stop Loss - 1.9156
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
GBPAUD I It will correct upwardWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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