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Gbpaudbuy

GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD Breaking down GA as it was requested from one of our forex alchemists! You ask and I will deliver! As you can see in the technical analysis above GA has been a bit tricky. We experienced multiple fake outs to the downside which is expected. This is why you don't just jump into a trade when all you see is a simple break of a trend line. I always say there is a lot of confusion in the market around trend lines so always be cautious. After the fake outs to the downside GA pushed up quite a bit then showed us a beautiful double top. This is where more experienced traders would have taken shorts. I personally wanted to see price push up a third time giving us a clean entry! Remember there is always another entry or a better trade right around the corner, never rush things! Only gamblers force trades, we are focusing on becoming the best forex traders possible to make this a reality you need to develop ridiculous amounts of patience. Patience, risk management, and always sticking to your trading plan is the key to longevity in this market. IT IS NOT EASY, BUT IT IS DEFINITELY WORTH IT!
by Layne_LV
4
GBPAUD - FOREX - 17. DECE. 2019Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bearish pressure and price action towards previous range. 4 HOUR Bullish waving market in a pullback now. DAILY Overall bullish market, great long entries at support zone. - FOREX SETUP BUY GBPAUD 1ST ENTRY @ 1.91630 2ND ENTRY @ 1.90660 (wait for trigger) SL @ 1.88990 TP @ 1.94490 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
Long
by DACapitalTrading
15
GBPAUD ADAPTABILITYGood afternoon traders! GBPAUD smacked a lot of people last week with Brexit news suggesting that the Conservative party is well in the lead heading into the December election. It’s trading and a setup can present itself with all rules and confluences and still not work. If you can’t accept that then trading is not for you! So grasping the monthly closure and to clear myself mentally from my loss. I’m applying myself to the chart at hand and based on CMP I foresee GBPAUD heading higher towards 1.93275 . We have formed a new higher high in this bullish leg and I foresee price fulfilling a long term monthly swing leg. The setup offers us with a 300pip upside move. We need to however be patient and wait for PA to drop into 1.89750 to look for the lowest possible entry to buy. It’s Monday so don’t get ahead of yourself remain calm. I’ll update the channel as things develop. Cheers t.me
Long
by lasglowfx
2
BUY GBPAUD from support in Today’s EU Trading SessionBuy from 1.9057 - 1.9096 Take Profit - Yesterday's HIgh Stop Loss - Below 1.9057 The standout performer during the Asia-Pacific session was GBP, boosted by the highly anticipated YouGov MRP poll. At the bottom of the pack was once again AUD, as concerns over rising tensions between the US and China weighed on the currency. YouGov's MRP poll - which correctly predicted the hung parliament in 2017 - has predicted a Conservative majority for the December 12th election. The poll predicts the Conservatives will gain 42 seats for a win of 359 (a majority of 68 seats) while Labour loses 51 seats for a total of 211. The poll has helped ease this week's earlier concerns that the Conservative's lead was narrowing following the release of Monday's ICM poll and Tuesday's Kantar poll. Elsewhere, AUD continues to remain pressured as US President Trump signed the Hong Kong bills into law despite strong objection from Beijing. Beijing stated the bill severely meddles in China's internal affairs, as well as violates international law. Furthermore, China warned that US attempts to interfere in Hong Kong are doomed to fail and that China will take countermeasures with the US to shoulder all consequences if it continues in this way. With AUD pressured by rising tensions between the US and China and ongoing expectations for additional RBA easing in the months ahead, the bias remains firmly to the downside.
Long
by TheOfficialAdli
1
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD This Pair has been playing out flawlessly. We have been calling everything perfectly, the market has just been lacking the volume needed. GA definitely pushed up to where we would want to take shorts, but as we say time and time again there is always another opportunity right around the corner and its not wise to get into a habit of jumping at every opportunity for an entry you see. Sit back trust your technical analysis, plan your trade and TRADE YOUR PLAN.
by Layne_LV
5