$GBPAUD what’s up after the correction
The pair now is testing the 4H Up trend as Strong support , we should not forget that the red line for us is an SL for who’s gonna open Buy position , but the 1D trend is still a little far as a Principal support , for now in our vision , the pair is still in a positif way , Specially that we know that the GBP is one of the strongest devices .
Any Fake break will boost price bounce up.
Gbpaudbuy
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
GBPAUD is still stuck in consolidation. I believe we're going to be seeing some very move moves soon. We have to be extra cautious because we could see fake outs, but right now nothing for us yet. Like I said GA is just stuck in consolidation right now and we need to let it play out! Patience will be absolutely key!
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
GBPAUD is pushing down a bit, but I’m not fully convinced we’re heading to the downside just yet. You have to keep in mind that 2.000 is a strong psychological key level that we have been floating around for some time. I believe that we will see a few more rejections off 2.000 before heading lower. I’m also not weighing out the possibility that we could start climbing back to the upside. Keeping a very close eye on this pair for the time being.
GBPAUD - FOREX - 23. MAR. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish break towards our support zone and price change area.
4 HOUR
Slow market running sideways looking for a bullish push
DAILY
Overall bullish market in a pullback, great short entries and price action.
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FOREX SETUP
BUY GBPAUD
ENTRY LEVEL @ 1.99210
SL @ 1.94600
TP @ 2.08500
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD : LONG TRADE SETUP 500 PIPS( LONG TERM/SWING TRADE SETUP)Early hours of sunday,we see ga created a huge spike to the upside which reversed sharply and created a nice opportunity for a short. At the moment, ga is on a pullback phase which is currently holding the resistance zone at 1.9 level( now support, as price broke it and retested).
I expect ga to go higher from here, towards 2.04 level but we would see what price does at the 61.80 and 50% level. Price might take a while before hitting the final TP at 23% fib level
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Goodluck !
GBPAUD potential bounce!
GBPAUD expected to reverse up to 1st support at 1.94968 where it could potentially react and bounce to its resistance at 1st resistance at 1.95581.
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Losses can exceed the initial investment so please ensure you fully
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GBPAUD - FOREX - 02. MAR. 2020Welcome to our weekly trade setup ( GBPCAD )!
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1 HOUR
Bearish break towards support zone.
4 HOUR
Overall bullish market with a pullback now.
DAILY
Great long entries and risk reward on this one.
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FOREX SETUP
BUY GBPAUD
ENTRY LEVEL @ 1.95060
SL @ 1.93650
TP @ 1.97850
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN