GBPAUD
GBPAUD: Bearish Continuation
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
❤️ Please, support our work with like & comment! ❤️
↑ GBP/AUD, the only way is upHello everyone!!! 😄🌟
The FX:GBPAUD pair is exhibiting a bullish trend, particularly evident in the daily chart, where it shows significant rejection of the multiple moving averages, indicating a likelihood of continuation in the prevailing trend. Additionally, the break of the monthly pivot point at 1.91449 significantly reinforces our bullish stance.
The 4-hour moving averages are also trending below, which provides an additional layer of protection for our stop loss position. A noteworthy point to consider is the potential break of 1.92120, which, if achieved, would further solidify our bullish perspective.
GBPAUD | COULD BE A GOOD BUYHey Traders!
Simple price action really, broke monthly pivot point on the daily timeframe suggest a push exhaustion and now a continuation to the upside, likely to the weekly resistance, if broken we will see this trade head much further.
GBPAUD I Price is in consolidation and likely to break higherWelcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBPAUD Buy/LongGBPAUD has has been on support trend for the last few days making it seem this can turn bullish for the next up coming weeks. Based off this analysis there is clear indication that holding on long enough can reverse the trend all the way up. Below I have provided full TP, SL, and entry points. Thank you for your time.
GBPAUD
Buy/Long
Entry: 1.90882
TP: 1.96858
SL: 1.89466
Use proper risk management when applying these inputs. Thank you.
2-5% risk capital.
EURAUD I Potential downside ahead of AUD CpiWelcome back! Let me know your thoughts in the comments!
** EURAUD 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
💱 GBPAUD - Consolidation after breaking trend resistance GBPAUD breaks the resistance of the descending channel and forms consolidation. The market is forming a support retest before the upward jerk. Most likely, there is still not enough liquidity for growth, although the pound sterling has been showing bullish dynamics lately.
Prerequisites for further growth:
1) Bearish channel resistance breakdown
2) A symmetrical triangle is being formed
3) Break of the triangle resistance will give a signal, the impulse will start.
4) Pound sterling is fundamentally stronger than the Aussie.
Key resistance: 1.9338
Key support: 1.8971
GBPAUD Long Term Buying Trading IdeaHello Traders
In This Chart GBPAUD HOURLY Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBpAUD - November 25, 2023. GBB/AUD - November 25, 2023.
From the most preferred currencies of thousands. Perhaps that's why I forgot about an active trade for 5 months, and it had gone exactly 10K pips in my favor. Anyway.
As we are at the end of the fourth quarter of 2023. If we go back and analyze GBPAUD in 3 months, it gives us an image of a double bottom. The double bottom has been respected positively, and now, since the beginning of 2023, this pair has been rising from the points where it was at 1.59; currently, it is trading at 1.91. A lot of pips, right? Let's continue.
From my perspective, I see GBPAUD during 2024 reaching 2.02. Not too much, right? For those who are familiar with this pair, they know.
In the monthly view, if we look at the current state, we see that it is re-testing a support (to mine) at 1.90 and it is taking some time.
In the weekly view, there is a double bottom, and according to my opinion, it is directly related to what is mentioned above (expecting it to reach 2.02).
Anyway, when we open the daily chart, we see that the price has remained in a small zone but, importantly, where the movements that are coming are crucial to determine where it will go later.
I expect it to reach the third point of the trendline and the support (below) that it has, and if it holds well at this point, then GBPAUD will start to rise.
From the most preferred currencies of thousands. Perhaps that's why I forgot about an active trade for 5 months, and it had gone exactly 10K pips in my favor. Anyway.
As we are at the end of the fourth quarter of 2023. If we go back and analyze GBPAUD in 3 months, it gives us an image of a double bottom. The double bottom has been respected positively, and now, since the beginning of 2023, this pair has been rising from the points where it was at 1.59; currently, it is trading at 1.91. A lot of pips, right? Let's continue.
From my perspective, I see GBPAUD during 2024 reaching 2.02. Not too much, right? For those who are familiar with this pair, they know.
In the monthly view, if we look at the current state, we see that it is re-testing a support (to mine) at 1.90 and it is taking some time.
In the weekly view, there is a double bottom, and according to my opinion, it is directly related to what is mentioned above (expecting it to reach 2.02).
Anyway, when we open the daily chart, we see that the price has remained in a small zone but, importantly, where the movements that are coming are crucial to determine where it will go later.
I expect it to reach the third point of the trendline and the support (below) that it has, and if it holds well at this point, then GBPAUD will start to rise.
GBPAUD Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9119
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9089
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
———————————
WISH YOU ALL LUCK
GBPAUD Massive Long! BUY!
My dear friends,
GBPAUD looks like it will make a good move, and here are the details:
The market is trading on 1.9076 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.9157
Recommended Stop Loss - 1.9030
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
GBPAUD H4 | Bearish reaction off 78.6% fibo?Price is rising towards our sell entry at 1.9180, which is a pullback resistance level, aligning with the 78.6% fibo retracement and 100% fibo projection. Price could possibly react off this pullback resistance and fall to our take profit target at 1.9041. Our stop loss is placed above the swing high resistance level at 1.9232.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
↓ GBPAUD, looks like a decent drop to 1.90041 & 1.89477Good day everyone:)
I have been monitoring this setup for quite some time, and now it's a good opportunity to sell due to the following reasons:
• The price action on the daily was rejected at the 1.91000 level.
• On the 4-hour chart, there was a symmetrical triangle pattern that was broken towards the downside, with a push - exhaustion cycle completion.
• 1-hour bearish engulfing closure breaking through MA's of 20, 50 suggests bearish bias.
• Furthermore, on the 15-minute chart, we have a head & shoulders pattern that was successfully broken.
• Both currencies are being sold off by the hedge funds, adding additional confirmation to this setup to potentially drop further down to weekly support zone 1.90041, if it breaks then to 1.89477.
GBPAUD | COULD BE A GOOD SELL for now..Hey Traders!
I believe GBPAUD has good potential for bearish pressure, The recent 15-minute head and shoulders pattern was broken typically meaning further bear momentum, however its also sitting at a 4h h&s neckline, if that breaks then very good confirmation for shorts, but there is a possibility that this gets respected and it will pullback.
First, take a profit of about 20-60 pips, manage risk accordingly.
GBPAUD Sell/ShortGBPAUD current trend remains strong, not have been broken once in the last few months so it is safe to say to go in with proper risk and trade for a buy/long. Below are the inputs for entry, TP, and SL.
GBPAUD
Buy/Long
ENTRY: 1.90648
TP: 2.01017
SL: 1.89402
2-5% risk capital.
GBPAUD - Trading The Channel 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPAUD has been trading inside a big range between our green support and blue resistance.
Lately GBPAUD has been bearish trading inside the falling red channel and it is currently approaching its lower bound.
Moreover, the zone 1.89 - 1.895 is a strong support.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline acting as a non-horizontal support.
📚 As per my trading style:
As #GBPAUD approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom 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
GBPAUD H4 | Bullish bounce of 61.8% FiboGBP/AUD is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 1.90568 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 1.89600 which is a level that sits under an overlap support and the 78.6% Fibonacci retracement level.
Take profit is at 1.91880 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPAUD Potentially Bearish on H4FX:GBPAUD Has broken the most recent H4 trendline and equally broken the strong support around the 1.92000. I will wait for the retest of the zone before taking an entry around the 1.92000 area. When that happens, I will target
1. 1.90380 and
2. 1.89187
with my stop at 1.92696
A break above the 1.93208 will mean the bearish condition is invalid and will look for a potential long
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPAUD Sell gaining ground but needs the 1D MA200 to confirm.The GBPAUD pair broke below the long-term Channel Up that it has been trading in since the start of the year and a Channel Down emerged as last week we had a rejection on the 1D MA100 (green trend-line). That is the top (Lower Highs trend-line) of the Channel Down and the most optimal sell entry. However the 1D MA200 (orange trend-line) is still supporting, so we need a candle closing below it in order to confirm the sell (earlier confirmation would be the 2nd MACD Bearish Cross).
In that case we will target the 1W MA100 (red trend-line) at 1.8300 (which will also by a symmetrical to the first bearish leg -5.75% drop). If however we close a 1D candle above the 1D MA100 first, we will take the loss and open a buy that will target Resistance 1 at 1.997800).
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Balancing Bullish Trends and Counter-Trend PossibilitiesGBPAUD seems to be in a Bullish Trend, and you're focusing on potential buying opportunities. Here are three strategies you're considering:
Type2 Bullish Fib-3 Bat (1-hourly chart) : This setup aligns within the support level of the 4-hourly chart at 1.9053, providing an initial buying opportunity.
Bullish Deep Gartley Pattern (4-hourly chart) : Should the market decline further, your plan includes waiting for the completion of the Bullish Deep Gartley Pattern at 1.8948 on the 4-hourly chart, presenting another potential buying opportunity.
GBPAUD appears to offer multiple setups for potential long positions based on your analysis.
What are your thoughts on GBPAUD, and what trade plans or strategies are you considering for this pair?
Feel free to share your insights or plans below!
