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GBPAUD

GBPAUD – slowing down but still bullish 31 July, 2023This pair has been neutral recently, it does make bullish moves but retraces all or most of that move. The last daily candle however was quite strong and, in my opinion, we may see a significant bullish continuation next week. Chasing price is not in my trading plan, I prefer to wait for a pull back. If price continues without one, I am happy to let it go. Two possible areas to look for a bullish continuation are the significant s/r around 1.9130 or the intermediate level of 1.8970. Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more. What do you think about this trade idea? Please comment and share your thoughts!!
Long
by Trading_Vista
4
GBPAUD ____ INCOMING BULLISH MOVEHello Guys, This pair is on my radar for one very strong reason amongst others... which is... in the monthly timeframe, the price is to continue the impulse leg... in the weekly timeframe, the price is printing the impulse leg and in the daily timeframe, price is retracing which I expect will get into the daily order block then continue the rally that is expected on the daily, weekly and monthly timeframes. You will also notice that the price has formed relatively equal lows (sell-side liquidity) on the lower timeframe which I have indicated on the chart for you to see which is just above the daily order block. As we know, liquidity and imbalances are what attract price... hence, I expect it to be swept which gives more reason why price might get to the daily order block. Once this happens, I will go to the 1-hour and wait for my trade setup to go long. My target price is gotten from the weekly chart. See correlated pair analysis: EURAUD & GBPCAD Follow for more updates like this EURAUD ANALYSIS GBPCAD ANALYSIS Cheers, Jabari
Long
by jabariofafrica
GBPAUD I Previous break of resistance and return to structureWelcome 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
21
GBPAUD - Will The AUD Continue To Be Bearish?Analysis: Bullish Confluences In an upwards trend Break & retest of a previous area of resistance for support 38.2% fib retracement level present Upwards trendline present GBP is the second strongest major currency where as the AUD is the 7th strongest major currency 25K short positions decrease for the GBP 2K short position increase for the AUD Bearish Confluences 30K long position decrease for the GBP 1K long position increase for the AUD Stay Safe - The JPI Team Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you! Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Long
by jpeacockfx
8
GBPAUD: High-Profit Buy Opportunity IncomingGreetings everyone, Starting the week with a potential BUY for GBPAUD: Despite its recent heavy decline, this pair is nearing our strategic moving averages and has exhausted its daily average volatility, indicating a potential end to the bearish run. The overarching trend remains bullish, hinting at resistance against a total free fall. To capitalize on this setup, vigilance is key: seek bullish candlestick confirmations for a valid trade. If you're eager to get ahead, monitor the 15-minute timeframe for telltale price action signals. Remember, entry without confirmation invalidates this trade. As always, ensure to integrate this information into your broader investment strategy.
Long
by FX-TradingLions