GBPAUD | RANGE IN PLAYGBPAUD has been trading in a range for a while. This range is converging in nature.
One can play this range as buy on support and sell on top.
Gbpaudlong
GbpAud Long termGbpAud has been down for 2 months, it means we had big strength from Aud without any pullback.
Now Audusd has reached super resistance and now it's reacting , it means if Audusd is going short , GbpAud its directly concerned from Audusd pair and GbpAud will go long.
We can find here a good position for long at :1.7275 with a stop loss at :1.7170 and profit target reward 1:4x2 at price 1.7720.
GBPAUD Prediction H1Here is my view for GBPAUD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPAUDGBPAUD took support from Daily EMA12 and it's forming inverse head & shoulder on the lower timeframe. Watch out for the breakout for the targets marked on the charts.
GBPAUD Long Analysis Hey traders, here is the analysis for the GBPAUD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
GBPAUD D1 LONG> The previous week price tapped 1.71800 and got rejected, creating a double bottom on D1 time frame.
> Our current weekly candle is bullish with no bottom wich
> The previous daily candle tapped the 1.78400 area and closed above 1.77300
> I anticipate price to continue bullish and continue creating new highs
> Buy limit 1.77300 with stops below 1.76700
> Targets at 1.78445,1.79800 and 1.81500 respectively
GBPAUD | SELL SIGNALSGBPAUD has hit the resistance zone which it has unable to break from 18th March last month. We saw a couple of failed attempt.
Currently price took beating from resistance and trading at important support level which is the watchout level as Fib and horizontal support reside there.
Trade your levels accordingly
ga buyga seem to be caught in a range 1.72000 & 1.79000. Both 72000 and 79000 are strong liquidity areas. price closed last week with bullish direction bouncing off 72000. that bounce created a "bank v shape b in" showing their interest in the upside and also a double bottom.
💡Don't miss the great buy opportunity in GBPAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.7433).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.7582
TP2= @ 1.7746
TP3= @ 1.8030
TP4= @ 1.8178
TP5= @ 1.8392
SL= Break below S2
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💡Don't miss the great buy opportunity in GBPAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.7433).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.7582
TP2= @ 1.7746
TP3= @ 1.8030
TP4= @ 1.8178
TP5= @ 1.8392
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPAUD LongGBPAUD has reached our major support cluster after forming a double top. I now anticipate GBPAUD to complet the double top paattern with a restest of the neckline and return to its bearish movement confirrming the double top signal. We aree taking the retracement as a signal and buying GBPAUD to take profit on the neckline.
GBP/AUD X2X2 Position
1. Buy: GBP / AUD
Buy limit: 1.75185
SL @ 1.74450
TP @ 1.76940
Max Risk: 2%
2. Buy: GBP / AUD
Buy limit: 1.74440
SL @ 1.73820
TP @ 1.75600
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
GBP-AUD trading setup idea! 💡💬
What do you think?
💬
Everything I share is how I trade personally. 😉
Enter the trade by checking yourself. ☑️
Do not put more than 2% of your capital at risk! ❌
GBP/AUDBuy: GBP / AUD
SL @ 1.76750
TP @ 1.78710
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
It is not an investment recommendation
GBPAUD LONG - POTENTIAL REVERSAL AT PLAY!Waiting for a pullback into 1.77155 or 1.75245 for long opportunities back into a key level at 1.80500.
Drop a like if you agree and let me know what you think in the comments :)
GBPAUD | SELL !! ON BREAK BELOWGBPAUD has been trading in bullish parallel channel and it gave a break below on 27th Apr with price testing the support zone.
We saw a retest towards the break below region as if forms a lower high (Confirming bearish trend). Now the price is heading towards the support area again and we will look to sell it if the support zone is taken out.
Trade your levels accordingly.
GBPAUD | New perspective | folow-up detailsA follow-up detail on the GBPAUD that was published in the course of last week's trading session (see link below for reference purposes) as we closed with a minimum of 150profits move in our last trade, the retest of the neckline of the reversal structure we identified on the daily/4H time frame will be a bullish confirmation. Then it is most appropriate that we lookout for bullish momentum from this area (1.76000) in the near future.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPAUD Potential UpsideGBPAUD remains to be bullish with previous lows remaining to be unbroken and making new highs from the Head & Shoulders neckline. Target 200% Fib level seems to be a good target with reasonable pips to be earned. This trade is only valid when price action confirms the upside. Trade with care & Goodluck.
Please like & follow for more trade ideas.
Long on GBPAUDGBPAUD BUY @ 1.77718
TP: 1.78824
SL: 1.77238
Today we are looking at going long on GBPAUD with a target of about 100 pips and tight stop loss.
GBP/AUD LONG IDEA It highly seems that is pair is greatly affected by the funding currency, which is AUD. Currently we have both technical and fundamental reason to believe AUD will continue to weakening in coming days so hence this trade idea
GBPAUD BUY9:15 AM ENTRY
weekly: last 4 weeks closed bullish respecting 1.75000 support level
last week closed above yesterdays close/ range
Daily: uptrend, bullish
4hr: uptrend bullish structure, above 50 ma last 4hr candle closed doji
1hr: uptrend, respecting 1 hour zone + Market structure+ above 50 eMA
1hr: retesting previous resistance
15 min entry
Bullish outlook on GBPAUD: 25 April 2022On the H1 time frame, prices are showing bullish order flow, with higher highs and higher lows being formed. A pullback to test the support at 1.75822, in line with the 127.2% Fibonacci extension, 78.6% fibonacci retracement and ascending trend line provide an opportunity to play the bounce to the next resistance target at 1.79551, in line with the 200% Fibonacci extension and 78.6% Fibonacci retracement. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
