Gbpaudbuy
GBPAUD Possible Pullback (LONG)Pound saw weakness last week due to rising tensions in the world. This week will be much risk on so the pound will gain some strength. What I see on the chart is an over extension of GBP to the downside and I would check the price action in the marked area for a possible pullback to go long. Best of luck
GBPAUD SHORT BUY OPPORTUNITYTechnical Analysis
On the 4HR to the downside we experienced a shallow retracement and price appears to have stalled at the 1.27 and 1.18 level. Anticipating potential retracement to 1.888X to 1.894X area before a potential continuation to the downside.
Fundamental Analysis
Australian Dollar has weakened as a result of Russia invading Ukraine. Australian wages grew less than anticpated, coming in at 2.3% rather than 3%. There is uncertainty as to the direction of the monetary policy. The RBA's minutes were released from the last meeting and the Board wasn't yet convinced that the acceleration in inflation would be sustained and wanted to see wages respond before lifting rates.
GBP/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the GBP/AUD
GBP/AUD Is coming in to a strong support area, I am looking for a rejection in the order block zone and will be looking for a buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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GBPAUD AnalysisHello Traders,
Hope you are having an amazing week !
I am short biased on GBPAUD for the rest of the week, we are breaking impulsively and i expect further continuation to the downside.
I have already taken a position earlier in asian session, hope to see a bit more correction so i can scale in another position.
Wishing you a profitable week ahead!
Disclaimer: this is not financial advice, charts we share should only be used for educational purposes
ETGL Team 💛
GBP/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the GBP/AUD
GBP/AUD Is in a strong support area I, am looking for a rejection in the order block zone and will be looking for a buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out liquidity above buy side liquidity (asian highs) and 1.89000 as a institutional figure, we had a bearish candlestick closed that means for me bears took control in this area and we should go down.
What do you think ? Comment below..