Gbpaudanalysis
GBPAUD Still Potential to UpsideI see some of these are too lacking to make me sure if the movement in this pair is experiencing a downtrend breakout. In fact, I believe the downward movement is a form of correction that is too visible. I'm still positive if this pair experiences bullish strengthening, especially if the strong resistance can be broken
EURAUD and GBPAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPAUD SKI TRIPExpecting G/A to grab a few more pips from the resistance indicated by .50 Fibonacci, followed by a decline, breaking off the structure. Most indicators point toward a decline, but the GBP seems to have other plans, so do not make any decisions yet. The trigger is coming in hot right when the markets re-open on Monday.
Been working on my chat analysis for some time now, I am still new to live trading as I have been working on my P.A strategy. Insights and tips are very much welcome. Iron sharpens iron, so let's trade and grow together.
Happy Hunting.
Cup And Handle in GBP/AUDGBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows.
Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern.
Once the neckline is broken out, I expect price to rise further.
Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.
GBP/AUD Fully Closed +500 Pips 0 Drawdown , Should We Sell ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
A Unique Perspective on GBPAUD PairBased on our analysis, we anticipate a bullish trend for the GBPAUD pair in the coming weeks. The fundamental factors indicate a relatively stronger outlook for the GBP compared to the AUD. Positive economic data and improving sentiment in the UK, coupled with potential uncertainties surrounding the Australian economy, suggest a favorable environment for the GBPAUD pair.
Our profit target for this trade idea is set at 1.97500, representing a significant upside potential. We anticipate a gradual appreciation of the GBP against the AUD as market conditions align with our analysis.
To manage risk, we establish a stop loss area at 1.87900. If the trade goes against our prediction and the price reaches this level, we would exit the trade to limit potential losses.
DeGRAM | GBPAUD potential long tradeGBPAUD moving in the ascending channel.
The market pulled back to the support zone with deceleration.
Price broke and closed above the psychological level of 1.90000.
We expect a pullback trade from support and the 50% fibo level.
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GBP AUD Sell Opportunity (Pullback)-Price previously sold off and found support at the 1.85 QP level
-On the weekly TF, price closed as an indecision candle/morning star candlestick pattern, hinting that price was ready to began a bullish push.
-On the daily TF, price formed a double bottom, then made a bullish push before reaching a resistance/supply zone.
- I am anticipating price to make another bullish attempt but sellers ultimately remaining strong and price possibly closing as an indecision candle/even star candlestick reversal pattern.
- I believe price will pull back and test the area 1.8801-1.86735.
GBPAUD Sell & Buy Setup On H4GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD.
Disclaimer: The information provided is for general informational purposes only and should not be considered as professional advice. Use at your own risk.
GBPAUD and GBPCHF Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | GBPAUD long opportunityGBPAUD is currently broke and closed above the psychological level at 1.86000.
Price rose from the support level after a double bottom. On the 4H chart, price action shows divergence.
We expect a move up since the trend is bullish on the daily timeframes .
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GBPAUD regional Double BottomThe GBPAUD currency pair is showing indications of a potential reversal based on a double bottom pattern observed on the regional chart. This pattern suggests that the price has reached a support level twice and is likely to reverse its downtrend.
Traders considering this potential reversal may set a take profit level at 1.870, anticipating an upward price movement towards this target. To manage risk, it is recommended to place a stop loss at 1.851, which serves as a safety measure in case the reversal does not occur as expected.
While the double bottom pattern provides a bullish signal, it's important to exercise caution and consider other factors such as market conditions, fundamental analysis, and overall market sentiment. Technical patterns alone do not guarantee the success of a trade, and monitoring the market closely is essential to adapt to any changes that may occur.
Looking forward to read your opinion about it.