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GBPAUD

The Rollercoaster Ride of Pound AustraliaAs we approach the final week of August, brace yourself for potentially one of the most volatile periods this month. The market is signaling its intentions as I navigate my way through twelve pairs, making the selection process a challenge. Nonetheless, let's dive into the Pound Australia, and I'll even introduce two additional currency pairs for your benefit. 📊💹 Pound Australia reveals an intriguing story on the weekly chart. With new highs being set, the prospect of Pound Australia hitting 2.0000 as a significant milestone isn't far-fetched. The candle's accelerating gradient signifies a robust market movement. 🚀 The daily, four-hour, and one-hour charts echo this bullish trend with broken resistances and new highs. Despite this, you might wonder about the trading opportunity. In fact, immense profit potential lies in the development of these trades. For those acquainted with trading, conduct your own analysis on Pound Australia using UTC+3 as your timeframe to align with my insights. And if you seek clarification or wish to share your analysis, the QR code will connect you to our community of like-minded traders. 💬🌐 Returning to the weekly chart, let's unveil why Pound Australia holds importance this week. For those eyeing a shorting opportunity, the completion of the bearish crab pattern at 2.1276 is on the horizon. Although reaching this level, let alone 2.0997, may take some time, the potential is undeniable. Stretching my trade upward could yield significant rewards, with a projected 1,419 pips. However, it's not just about the pips – there's a compelling rationale behind this trade. 📊📉 On the daily chart, buying opportunities beckon when a market retracement occurs and retraces back to 1.9330. Patience is key in engaging these trades. The four-hour chart presents less at the moment unless a trendline retest triggers a definitive level, possibly in the weeks to come rather than the immediate future. 📈📉 Now, onto the exciting prospect – the one-hour chart. This week, a bullish flag pattern will unfold, offering immediate trading opportunities. Engaging this pattern involves meticulous strategy, be it through an aggressive setup with stops below 1.9808 (utilizing my secret formula), waiting for a breakout and subsequent retest, or a blend of both. While seemingly simple, the bullish flag pattern demands a well-thought-out approach to ensure your trade's success. 📊📈 In the realm of the 15-minute chart, where volatility rules, the Pound Australia might be considered insane to some. However, driven by the substantial potential rewards, I'm willing to navigate this territory. A red eclipse serves as a warning signal for the setup, but immediate buying opportunities at 1.9841 might emerge, especially on a Monday. Keep your eyes peeled for a magic candle confirmation at this level to secure a promising trade. This could be an incredible setup before wrapping up the year. 📈💰
Long
by RaynLim
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 :-)
Short
by ShahedZare
GBPAUD Long structure with entry point!On GBPAUD, I've identified an interesting long setup. The price could potentially move from 1.9780 to 2.02 without apparent obstacles. My idea is to open a long position on this currency pair. Currently, the price is in a zone that we could define as "hot," as it's situated between a demand zone and a supply zone. Within this same zone, the market has generated an Optimal Entry Point (POI), which I've identified through confirmation from candlestick charts on the 1-hour and 15-minute timeframes, along with the Volume Profile Point of Control. At the level 1.9780 in fact we can enter with a long trade or we can enter at 1.97 where we have a forex48 block. Waiting always double confirmations on M15! This signal further strengthens the hypothesis of a long entry. In addition to the opportunity described above, thanks to my "Forex48 block" strategy, I've identified another possible entry area for a long trade, positioned at the level of 1.9690. I'd be interested to know your opinion on this situation. I invite you to comment and leave a like to support our work. Warm regards from me, Nicola, CEO of Forex48 Trading Academy.
Long
by Forex48_TradingAcademy
1
GBPAUD Trading Opportunity! SELL! My dear subscribers, This is my opinion on the GBPAUD next move: The instrument tests an important psychological level 1.9869 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 - 1.9627 My Stop Loss - 1.9993 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
5
GBPAUD I Potential pin bad & considerationsWelcome 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!
Short
by BKTradingAcademy
15
GBPAUD Two possible Long entries!On GBPAUD, I've identified an interesting long setup. The price could potentially move from 1.9780 to 2.02 without apparent obstacles. My idea is to open a long position on this currency pair. Currently, the price is in a zone that we could define as "hot," as it's situated between a demand zone and a supply zone. Within this same zone, the market has generated an Optimal Entry Point (POI), which I've identified through confirmation from candlestick charts on the 1-hour and 15-minute timeframes, along with the Volume Profile Point of Control. This signal further strengthens the hypothesis of a long entry. In addition to the opportunity described above, thanks to my "Forex48 block" strategy, I've identified another possible entry area for a long trade, positioned at the level of 1.9690. I'd be interested to know your opinion on this situation. I invite you to comment and leave a like to support our work. Warm regards from me, Nicola, CEO of Forex48 Trading Academy.
Long
by Forex48_TradingAcademy
1
AUDUSD – oversold but following China When trading the AUD you’re essentially expressing a view on China. USDCNH has been on a one-way tear of late and has weighed on AUDUSD, reflecting poor China economics, concerns of a credit event, but also the comparative returns seen in US Treasuries (over China bonds). We’ve seen underperformance in Chinese equity and industrial metals. The AUDUSD daily suggests the double top target of 0.6300 over the medium-term, and as we see in the price action, rallies have been savaged. It will take a while to get there, and the move will not be linear. For now, I see modest upside risk as shorts possibly cover given the PBoC has just announced a sizeable liquidity injection into the interbank market – but I would look to flip short into 0.6480. GBPAUD, EURAUD and AUDCHF have also been huge trades of late, and I would be taking some off the table to assess how headlines around China's fiscal stimulus play out. Idea - Chris Weston
Short
by Pepperstone
GBPAUD Bullish structure with a FVG point!On GBP/AUD, we have a bullish setup with the price at the level of 1.9546 at the time of writing this analysis. During the ascent, the market left behind a significant area of inefficiency, a zone that will need to be filled one way or another. Therefore, I anticipate a price retracement to the level of 1.9456, which is a descent of over 80 pips from its current position. In that area, we have a Hidden Bullish Divergence on the H1 timeframe, a zone where a price reversal could occur. However, a double confirmation on the M15 timeframe would be necessary before considering a long entry with a target at the level of 1.9620. Let me know your thoughts, comment, and leave a like to support our work. Happy trading to all.
Long
by Forex48_TradingAcademy
2
GBPAUD → The start of correction within the up-trend is possibleFX:GBPAUD continues to strengthen within the framework of the uptrend. The price updates the local maximum and continues to seek trend resistance The currency pair may make a correction against the resistance of the ascending channel. The price may reach the upper boundary of the ascending range and form a false breakout or other traps for players. Price consolidation or a reversal setup below the ascending line can be a signal to start a correction. If a correction is formed, the market will have the potential to decline to 1.95613 and even to 1.93924 Moving averages indicate a strong bullish trend. Support levels: 1.95613, 1.93924 Resistance levels: 1.96200, trend resistance I expect growth up to the upper boundary of the trend with the subsequent rebound and formation of correction to the support Regards R. Linda!
Short
by RLinda
11
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 :-)
Short
by ShahedZare
GBP AUD - the road to 2.0+ Updates: G'day, Master Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed. Daily chart Weekly Chart Monthly Do you enjoy the setups? Professional analyst with 7+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIII
by LupaCapital
2