GBPAUD
GBPAUD: Bullish Continuation & Long Signal
GBPAUD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long GBPAUD
Entry - 1.9275
Sl - 1.9229
Tp - 1.9367
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD My Opinion! BUY!
My dear followers,
I analysed this chart on GBPAUD and concluded the following:
The market is trading on 1.9310 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9367
Safe Stop Loss - 1.9278
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.
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WISH YOU ALL LUCK
GBP/AUD is expected to reach the level of 1.9440GBP/AUD presents a bullish structure on H4. After the increase in unemployment demand data for Great Britain, the market gained strength by breaking through a supply zone now turned reversal zone, where I now expect a retracement before continuing the uptrend with the target of the supply zone at the level of 1.9440. At that level, two scenarios can be evaluated: a bullish one with the breakout of the zone and the retest before continuing towards 1.96, and a second bearish scenario where a breakout of the bullish trendline is expected with a retest on the lower side of the reversal zone and a continuation short towards 1.92. Stay tuned for further updates, greetings, and happy trading to all.
GBP/AUD BUY STOP at 1.9332 (now 1.9297)GBP/AUD is potentially carving out a W-Bottom candle pattern from an area of support and this pattern will be confirmed if 1.9332 is reached.
The pattern will be a VW formation if price continues north.
We have news out of the U.S. at 13:30 GMT this being the PPI numbers and at 15:00 we have Prelim UoM Consumer Index.
The later release doesn't generally move the market much but the PPI may well do and we've seen some big moves in the USD this week post news.
Its also Friday it has to be remembered and trading volumes will be beginning to decline as traders leave their desks for the weekend.
If this trade does trigger which currently looks unlikely as GBP/AUD is weakening then its unlikely to be heading anywhere any time soon.
GBPAUD,🔴It looks bearish🔴
By examining the GBPAUD 4-hour chart we can figure out the market structure shifted and the price had a bearish reaction to the bearish breaker block so the structure is bearish now, in addition, there is sell-side liquidity which is the smart money target.
Now the price can drop from here or it can test the bearish order block and then start the downtrend.
💡Wait for the update!
🗓️16/02/2024
🔎 DYOR
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GBPAUD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBP/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
Bearish trend on GBP/AUD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.917.
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GBPAUD - 4hrs ( buy Trade Target Range 300 PIP )💵Pair Name GBP/AUD
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Long ) Mid Term
Type : Mid Term Swing
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Bullish Reversal
1.93650 Area
Reasons
- Major Turn Level
- Fixed Range Poc
- Inner Trend Break
- Inner choch
- 3 Q High + Q High Break
Bearish Reversal
1.97500 Area
Reasons
- Major Turn level
- inner Choch
- Pattern Target
- Fibo Golden Zone
- Year High Area
GBPAUD - 4hrs ( Up + 150 PIP / Tp 3 ) Full TP 200 PIP ) Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Long
Educational
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☑️ Update - VIP Opportunity
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💰 Take Profit 1 + 2 + 3
⚡️ Account Growth = 15 %
💵Pip' Achieved = 150 PIP
GBPAUD Potential Short towards 1.9280GBPAUD shows a bullish structure in H4 with the price returning to test the supply zone. Here, the price could reverse towards 1.9280, where we find strong liquidity corresponding to a daily low on M15 and a swing low on H4.
Personally, I am waiting for a structural change on M15 to enter the market. I will keep you updated on the situation. Greetings from Nicola and have a good day everyone.
GBP AUD Buy setupIn this setup, we're eyeing a GBP/AUD buy opportunity based on Fibonacci retracement levels. After a significant uptrend, the pair retraced to key Fibonacci levels, indicating potential support. Combining this with other technical indicators, such as moving averages or trend lines, confirms our bullish bias. We'll enter the trade at the confluence of Fibonacci support and additional confirmation signals, aiming to ride the next leg of the uptrend for optimal profits.
GBPAUD data gatheringRejection block respected, liquidity taken after the break of structure from the early sellers trap, we have change of character which drove price slightly up to mitigate the immediate rejection block at 1.93800. The rejection block then got activated and now price is expected to make an internal sell side liquidity sweep. The highlighted order block at 1.94000 should be our decision point targeting 1.92400…
GBPAUD Potential Upsides Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.92600 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.92600 support and resistance area.
Trade safe, Joe.
GBPAUD - Bullish market structure ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I want price to go a little bit lower to fulfill the imbalance and then to reject from bullish order block + institutional big figure 1.93000.
Fundamental news: Next week on Wednesday we'll see results of yearly CPI on GBP and on Thursday Unemployment Rate on AUD.
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GBP/AUD SHORT from 1.9429GBP/NZD has hit a line of recent resistance from last week and appears to be decling from this level.
This level coincides with the Pivot Point Supertrend SELL signal.
On the H2 time frame the RSI is well into over bought territory reading 76 and we're alos at the WM3 Pivot so all signs are that GBP/AUD BEARS will enter here and attempt to drive the price south.
With recent high close by we can get a tight 22 pip STOP on to protect the trade.
Target initially will be the WPP mid pivot at 1.9347 which is where the 200 EAM sits.
RBA Governor Bullock speaks at 22:30 GMT so we would need to get this trade to break even or +ve in case of anything BULLISH coming from the Governor as this would send AUD higher.