GBP/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
GBP/AUD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 1.932.
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GBPAUD
GBPAUD Trading Opportunity! BUY!
My dear followers,
I analysed this chart on GBPAUD and concluded the following:
The market is trading on 1.9388 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9440
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
GBPAUD Set To Fall! SELL!
My dear subscribers,
This is my opinion on the GBPAUD next move:
The instrument tests an important psychological level 1.9507
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 - 1.9407
My Stop Loss - 1.9561
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.
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WISH YOU ALL LUCK
Easy 3R - Union Jack vs. his superior cousin A fairly easy and straightforwarded trade:
Just short the GBPAUD on rallies as the RBA will (very likely) still hike rates in 2024, where as the UK is done with rate hikes and will cut much faster than the market expects right now.
UK:
- CPI will fall faster than the BOE expects it right now.
- Especially services inflation will has a big downside surprise risk
-> BOE sees it at 6.9%, where as I see it more at 6.7 or 6.8%
- UK Labour market will also weaken faster than the BOE expecs it, putting pressure away from wage inflation
-> BOE sees no rate cuts in 2024, where as I see Q2 2024 as the perfect time for the BOE to start cutting rates
GBPAUD - Look for Continuation Long (SWING) 1:3!Price has successfully created a new high in the LTF, forming a solid bullish market structure. This is evident in the HTF as well, where the price is rejecting the Monthly RBS and is on its way to the next resistance (supply zone).
Avoid chasing the market—only execute if the price reaches the Demand Zone. Let's see how generous the market will be with this pair.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPAUD Bank Money Heist Plan on Bullish SideMy Dear Robbers / Money Makers & Newbies,
This is our master plan to Heist GBP/AUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBP/AUD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
GBP/AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.924 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/AUD pair.
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GBPAUD - Look for Reversal Long (INTRADAY) 1:3.5!Price failed to establish a new high and is currently ranging (sideways), likely awaiting high-impact news on GBP in the coming days. There's an opportunity to go long, supported by a Double Bottom CP at HTF and a demand zone (RBR). However, if it fails to create a new high, the trend may continue bearish.
Risk your trade accordingly!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPAUD: Short Trade with Entry/SL/TP
GBPAUD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPAUD
Entry Point - 1.9507
Stop Loss - 1.9577
Take Profit - 1.9386
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUDOANDA:GBPAUD Peaked out at 2.00406 breaking the 1.99753 of August 2023. Price is currently consolidating within the range of 1.94878 (as upper boundary) and 1.93170 (as the lower boundary). A break on either side could trigger the next phase we might experience in the market.
That said, I will prefer to see a continued push to the lower side to sustain the already forming down trend. Until we see a breakout for sure we wait for what the market will tell us.
LONG GBP/AUD from 1.9320If you draw Fibonacci levels from the low of March 2013 to the high of August 2015 then you will see the price of GBP/AUD is bang on the 61.8 Fib level.
This level coincides with WS1 - weekly Pivot Support S1.
These levels should act as formidable support for GBP/AUD.
The previous candle to the current one closed as a pinbar running through both these levels.
This too is a BULLISH sign and coming as it does on these support levels then this is more evidence that prices may rise.
Added to that, we can see that this level has been supported for the last week and a half and numerous attempts have been made by GBP/AUD BEARS to push the price past 1.9320 without success.
In fatc there are approximately 13 touches of this support level going back to 7th August and the price has moved away on each occasion.
IT has to be pointed out though that every time the price has moved away., GBP/UAD BEARS have pushed the price back down again and its likely they will do so again.
As we can get a very tight STOP on LONG trades at 1.9304 this means the risk/reward on GBP/AUD LONGS is highly favourable should the BEARS decide to capitulate.
We have no confirming LONG trade signal on the Andean Oscillator on H1 with has the green BUY line reading zero but we do that a signal on M30 and lower time frames.
MACD on M15 has crossed over under the zero line and is heading north which is good.
I'm not overly confident on this trade but as previously mentioned, the Risk/Reward is high as the WP Mid Pivot is a potential initial target at 1.9410 and if that level of resistance breaks then WR1 at 1.95 is possible but first of all we need to see the price 1.9335 which would confirm that LONG trades would have a chance.
GBP-AUD Will Fall! Sell!
Hello,Traders!
GBP-AUD is going down
And the pair broke the
Key horizontal level
Of 1.9260 which is now
A resistance, then went
Down, made a pullback
And a retest of the
Resistance and is now
Moving down again so
We are bearish biased
And we will be expecting
A further move down
Sell!
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Check out other forecasts below too!
GBPAUD: Bullish Continuation is Expected! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPAUD chart which, if analyzed properly, clearly points in the upward direction.
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GBP/AUD is going to drop around 1.93(8/16/2024)After completing a 5-wave EW impulse pattern, GBP/AUD correction has been started around the 2.00 zone. since then the price dropped until reached 1.933 where the previous resistance exists (which made it into support after breaking).
Yesterday, after releasing good fundamental data from AUD, the price started to drop again from 1.94100.
We believe the price will be going to make a new low and eventually reach 1.93.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPAUD - Long active !! Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block. As well we have hidden divergence on daily and regular divergence on H4.
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GBP/AUD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.971 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GBP/AUD pair.
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