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Gbpaudanalysis

GBP/AUD BUY STOP at 1.9332 (now 1.9297)GBP/AUD is potentially carving out a W-Bottom candle pattern from an area of support and this pattern will be confirmed if 1.9332 is reached. The pattern will be a VW formation if price continues north. We have news out of the U.S. at 13:30 GMT this being the PPI numbers and at 15:00 we have Prelim UoM Consumer Index. The later release doesn't generally move the market much but the PPI may well do and we've seen some big moves in the USD this week post news. Its also Friday it has to be remembered and trading volumes will be beginning to decline as traders leave their desks for the weekend. If this trade does trigger which currently looks unlikely as GBP/AUD is weakening then its unlikely to be heading anywhere any time soon.
Long
by forextraplaces
GBPAUD,🔴It looks bearish🔴 By examining the GBPAUD 4-hour chart we can figure out the market structure shifted and the price had a bearish reaction to the bearish breaker block so the structure is bearish now, in addition, there is sell-side liquidity which is the smart money target. Now the price can drop from here or it can test the bearish order block and then start the downtrend. 💡Wait for the update! 🗓️16/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
GBPAUD - Bullish market structure ✅Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I want price to go a little bit lower to fulfill the imbalance and then to reject from bullish order block + institutional big figure 1.93000. Fundamental news: Next week on Wednesday we'll see results of yearly CPI on GBP and on Thursday Unemployment Rate on AUD. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
2
GBP/AUD SHORT from 1.9429GBP/NZD has hit a line of recent resistance from last week and appears to be decling from this level. This level coincides with the Pivot Point Supertrend SELL signal. On the H2 time frame the RSI is well into over bought territory reading 76 and we're alos at the WM3 Pivot so all signs are that GBP/AUD BEARS will enter here and attempt to drive the price south. With recent high close by we can get a tight 22 pip STOP on to protect the trade. Target initially will be the WPP mid pivot at 1.9347 which is where the 200 EAM sits. RBA Governor Bullock speaks at 22:30 GMT so we would need to get this trade to break even or +ve in case of anything BULLISH coming from the Governor as this would send AUD higher.
Short
by forextraplaces
GBPAUD I Short from key level resistance and top of channelWelcome 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
7
GBPAUD | Daily | Trade IdeaAhead of tomorrow’s RBA Interest rate announcement I’ll be looking closely at GBPAUD, as we can see from the current GBPAUD chart from a top-down and a down-up perspective we can take note of the fact that after managing to break out of the downward retracement last month, GBPAUD mamaged to push steadily upward until reaching our 1.94150 area before “losing momentum” forming a consolidation which has lasted for the past few days from the 17th of January till today where it has been steadily trading sideways. With the RBA Interest rate decision underway we can expect GBPAUD to finally choose a direction and breakout of the current consolidation, and from my analysis I can expect the GBPAUD to break in an upward/bullish direction pushing towards our 1.97xxx level hence I’ll be looking to hold my current GBPAUD (BUY) positions for now which haven’t yielded much results thus far. Will be sharing more updates on GBPAUD towards the end of trading tomorrow or early Wednesday morning. Please take note that this analysis is comprised solely of my personal opinions and outlook of the current market and should not be mistaken for financial advice or indication to enter into a particular trade, please confirm with your own analysis first before entering any trades based on the information from the current chart.
Long
by mosa_moshka
GBPAUD Long Term Selling 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
Short
by ForexPlanet20
GBPAUD SELL | Day Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
GBPAUD Trade IdeaThe GBPAUD has reached a critical resistance level. While the overall trend remains bullish, I anticipate a pullback before seeking an optimal entry point. As illustrated in the snapshot, we can identify a prior 4-hour balance area. Projecting a Fibonacci retracement from the low to the high of this price swing highlights the 61.8 level as a potential confluence zone for entry. Please note: This analysis is for educational purposes only and should not be construed as financial advice.
by fxtraderanthony