GBPAUD
GbpAud- Will it test 2.0 again?In mid-August, FX:GBPAUD tested a significant 2.0 figure and a correction of more than 1,000 pips followed shortly.
Subsequently, the pair has been trading within a range, with a horizontal support just below 1.9 and a resistance level above 1.93.
On Monday, the pair retested the 1.9 figure and promptly reversed to the upside, currently trading at 1.9220.
The upward trend for the pair has persisted for over a year and, considering the pair's inability to decisively break below 1.9, I speculate that an upward movement may ensue.
Confirmation of this speculation would come with a daily close above the 1.93 zone.
Regarding potential targets, horizontal interim resistances lie at 1.95 and 1.9750.
Furthermore, if the pair successfully breaches the 1.93 level, it would not be surprising to witness a new test of 2.0.
GBPAUD Sellers In Panic! BUY!
My dear subscribers,
GBPAUD looks like it will make a good move, and here are the details:
The market is trading on 1.9050 pivot level.
Bias - Bullish
My Stop Loss - 1.9022
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9109
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
EURAUD I Short from resistance zoneWelcome 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.
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Five Wave Up ! Three Waves Corrective?Hello there!
I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market.
Although I want to share my analysis with you, I want to emphasize that I do not provide buy or sell signals. My main intention is to share my unbiased analysis so that you can use it as a guide to make informed decisions.
To build your confidence in my analysis, I always share my previous analysis of the same market so that you can compare and see the progress. All the details of my analysis are clearly labeled, which should make it easy for you to understand.
I hope that my analysis will be helpful in your trading journey and wish you all the best.
Sincerely,
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.
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↑ 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 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.
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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.
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💱 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.
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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
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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.
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↓ 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 - 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