Gbpaudlong
GBPAUD - Triangle pattern ✅Hello traders!
‼️ This is my analysis on GBPAUD .
Here on the H1 timeframe perspective price forms a triangle pattern with a support zone at institutional big figure 1.79000. I expect we could see a strong momentum bullish or bearish after breaking the triangle zone.
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Mon 21st November 2022 GBP/AUD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Buy. Enjoy the day all. Cheers. Jim
Buying GBPAUD trend of higher lows.GBPAUD - 22h expiry - We look to Buy at 1.7875 (stop at 1.7805)
Previous support located at 1.8000.
Previous resistance located at 1.8075.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 1.8075 and 1.8100
Resistance: 1.8075 / 1.8100 / 1.8125
Support: 1.8000 / 1.7900 / 1.7875
Disclaimer – Saxo Bank Group.
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GBPAUD - Long from support ✅Hello traders!
‼️ This is my analysis on GBPAUD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill that gap and then to reject from support.
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Buying GBPAUD at current levels.GBPAUD - 21h expiry - We look to Buy at 1.7875 (stop at 1.7805)
Previous support located at 1.7900.
Previous resistance located at 1.8000.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward is good to call a buy from current levels.
A move through 1.8000 will confirm the bullish momentum.
Our profit targets will be 1.8075 and 1.8100
Resistance: 1.8000 / 1.8075 / 1.8100
Support: 1.7900 / 1.7875 / 1.7825
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
GBPAUD SELL LONGThe 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.
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 !!
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
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
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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