Gbpaudlong
GBP AUD Technical AnalysisThe British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
GBPAUD BUY!!Price got pushed up from 1.59478 support last month and has no re-entered the rectangle pattern on the daily chart . Looks like the price wants to retest the lower support of the pattern i.e. 1.71801 before it goes all the way up to 1.78057 !!
I'll take a Limit order placed at 1.71801 with 1.78057 being my final Target !!
bullish and then bearish on $GBPAUDI will be taking two trades here:
A long to 1.80 area
A short to 1.59 area
why short?
Pound is still weak af
why long?
There is still more upside to cover. There are equal highs that are too obvious for algorithm to ignore.
Also the uptrend is not done yet.
GBPAUD continues to move to the upside.GBPAUD - Intraday - We look to Buy at 1.7400 (stop at 1.7330)
Previous support located at 1.7500.
Previous resistance located at 1.7550.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7550 will confirm the bullish momentum.
Our profit targets will be 1.7600 and 1.7650
Resistance: 1.7600 / 1.7650 / 1.7700
Support: 1.7500 / 1.7400 / 1.7350
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GBPAUD - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on GBPAUD .
Here I expect price to retrace to fill the imbalance below and if price rejects from bullish orderblock + institutional big figure 1.71000 I will open a long position.
Pay attention on news about Cash Rate on AUD that will be announced on Tuesday. If we see an increase of rate, it means strong AUD, that will support our retracement.
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GBPAUD H1Hi traders, GBPAUD is setting up for a upside move the price is testing the support level and double bottom neckline.
GBPAUD LONGprice make bearish channel pattern before but the price already touch the support from the channel and it will be chance for bunching up to the target, the other confirmation has made it like big green candle so i can take a trade on it. Remember use your own money management
GBP/AUD LONG IDEA GBP/AUD lonf trade idea based on smart money concept and higher time frame confluences
⁉️ GBPAUD - Market AnalysisHello traders!
⁉️This is my analysis on GBPAUD .
Here I expect bullish price action as price failed to make another lower swing and rejected from institutional big figure 1.69000. After that price broke the structure and started to form higher highs and higher lows. My target are imbalances above.
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GBPAUD Breakout Long! GBP-AUD broke the falling resistance
Which makes me locally bullish biased
So I think that after the pullback and retest
We will see further growth
GBPAUD UP Trend.!#GBPAUD Looking for Buy trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
GBPAUD possible long for 1.7370huge accumulation since last two weeks to build energy to burst prices upside. 1.7070-30 demand zone for long, with tight stop loss of 1.7020. for target 1.7370
GBPAUD BACK TO CONSOLIDATION ZONESo price got messy and didn't respect the push up we simply got a pump and now price is back in a much easier zone. The next level ill be watching for buys is 1.69400, if we see rejection from here once more ill be look at taking advantage for a long back to 1.7 at least.
GBPAUD $GBPAUD Initial LongGBPAUD $GBPAUD Initial Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
GBPAUD*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action work near that level.
Only for educations purpose.
GBPAUD Local Long!GBP-AUD broke a key horizontal level AT 1.70335
As the pair is making a bullish correction
From the last bottom formed
And we are seeing a bullish breakout
Of a horizontal key level
Which indicates that after the pullback
And retest the pair will most likely keep growing
GBP/AUD Easy Long Setup To Get 200 Pips At Least !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPAUD Journey Dear My Dragon Friends
i see GBPAUD will go to 1.6900-50, and we decide make buy:
BUY at 1.6900-50
SL at 1.6850
TP1 at 1.7130
TP2 at 1.7200-30
Lets See
Happy Trading
Happy Hunting Profit
Watch Ur MM and RM
Disclaimer ON
GBPAUD BULLISH OUTLOOKAustralian dollar fell after building approval data came at -17%, while only -5% was expected.
GBPAUD had broke the resistance of the falling wedge pattern. RSI is above 50 and MACD histogram is above 0 line, plus the instrument is above both its 20 and its 50 MA, which is a bullish scenario.
If this scenario continues, we might see increase of the instrument's price to 1.715, the alternative scenario is the price to return to the falling wedge support at 1.687
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GBPAUD longThis is my breakdown gbp/aud after observing it for weeks.
I have been patiently waiting it to hit my diagonal the weekly support ray.
Looking at the 4h timeframe, i think it will hit the line by the end of the day or before.
Will moniter price action at the 15min chart, and look for rejection and conformation before taking a long trade.
The daily price range is 1500 points, and expect it to react at the line and go bullish.
FxBeams
little pullback.this is little pullback before the bigger pullback on weekly..
weekly ao divergence with following h4 divergence.
a simple yet power full setup enjoy your pips.
use low lot size to make money in this market and be patience..
GBPAUD 4H buys Looking at GBPAUD to form a new Higher low and a 3rd touch of trendline along with a retest of 1.72500. before continuing to the downside
