GBPAUD Long Term Buying 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
Gbpaudlong
GBPAUD - Long active ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. As I expected in my previous analysis price made a retracement and now I want to reject from bullish order block + institutional big figure 1.95000.
Fundamental analysis: Next week on Tuesday will be released Cash Rate on AUD and on Wednesday quarterly GDP. Pay attention to the results in order to validate the analysis.
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GBPAUD Long Term Buying 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
GBPAUD - Want to see a retracement ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement and then to reject from bullish order block + institutional big figure 1.96000.
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GBPAUD: Anticipating Channel Retest and Upside MovementGreetings Traders,
Based on the chart above, an intriguing opportunity emerges in the GBPAUD pair. The analysis points toward a potential retest of the channel's side at 1.9800, with a subsequent upward movement targeting 2.04.
To ensure prudent risk management, consider setting your stop loss at 1.9400.
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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
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 – slowing down but still bullish 31 July, 2023This pair has been neutral recently, it does make bullish moves but retraces all or most of that move. The last daily candle however was quite strong and, in my opinion, we may see a significant bullish continuation next week.
Chasing price is not in my trading plan, I prefer to wait for a pull back. If price continues without one, I am happy to let it go. Two possible areas to look for a bullish continuation are the significant s/r around 1.9130 or the intermediate level of 1.8970.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
GBPAUD - Will The AUD Continue To Be Bearish?Analysis:
Bullish Confluences
In an upwards trend
Break & retest of a previous area of resistance for support
38.2% fib retracement level present
Upwards trendline present
GBP is the second strongest major currency where as the AUD is the 7th strongest major currency
25K short positions decrease for the GBP
2K short position increase for the AUD
Bearish Confluences
30K long position decrease for the GBP
1K long position increase for the AUD
Stay Safe - The JPI Team
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
GBPAUD Long Term SELLING Trading IdeaHello Traders
In This Chart GBPAUD 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
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: After the change of character here price started to make higher lows and higher highs, so I am looking for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.91000.
Fundamental analysis: Next week on Tuesday will be released Cash Rate on AUD, but on Thursday Bank Rate on GBP. These are important news, pay attention to the results in order to validate the analysis.
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GBPAUD - Will We See This Pair Rise After CPI?Analysis:
*THIS SETUP WAS SHARED IN OUR VIP GROUP YESTERDAY*
Strong upwards trend (bullish confluence factor)
Retest of a key level (bullish confluence factor)
50% fib retracement level touch (bullish confluence factor)
Upwards trendline touch (bullish confluence factor)
GBP 2nd strongest major currency (bullish confluence factor)
AUD 3rd weakest major currency (bullish confluence factor)
24K long position increase for the GBP (bullish confluence factor)
5K long position decrease for the AUD (bullish confluence factor)
Comment:
We have a strong reasons to be bullish on this pair, hence why we are. The CPI figures coming out for the AUD could give us the catalyst we need for this pair to head higher.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
GBPAUD Leavid out the wedge to the NorthernTREND BULLISH
GBPAUD breaking now slowly the wedge consolidation to the upperside.
“The Bank of England has warned that it is likely to underwhelm with rate hikes as the UK enters a recession that could last until 2024.”
Economic growth will remain hampered and inflation high until the energy crisis eases – however this is to a large degree outside of domestic control, with Russia’s invasion of Ukraine driving up energy prices.
What Drives the Australian dollar?
The AUD is what is known as a commodity currency, in that it aligns itself with the world prices of primary commodity products. Australia relies on the export of certain materials such as coal and iron ore for a substantial part of its income.
“Given that China is the world’s largest consumer of commodities, and Australia’s largest trading partner, the health of the Chinese economy can be a key influence on AUD,” Griffiths says.
“The Australian dollar was weighed down in 2022 by global recession fears and the zero-Covid policy in China, its largest trading partner.”
By 2024, inflation in the UK is expected to return to target levels set by the Bank of England. Along with a recovery in economic growth and a potential resolution to the Brexit Northern Ireland protocol, the pound could see a “strong recovery,MAYBE!
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