GBPAUD Correction to go LONGGBPAUD has broken its previous Resistance level and now a Correction downwards could be seen for Continuing UPWARD Move ...
So look for Opportunities to BUY from DIPS near Down Support.
Gbpaudlong
GBPAUD BUYIf you think my analyzes are successful and meaningful, please contribute by commenting and liking.
Long GBPAUDPrice has rejected from the ascending trendline twice (1,2 follow through ;) ) and is currently sitting on that same trendline. Also, price is inside the previous market structure low zone and Stoch is oversold in the 1hr and 4hr timeframe.
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.
Last Chance Saloon to Buy on GBPAUD?GBPAUD broke through my supportive trendline that connected the previous two higher lows together. Today we are trading below these levels but sitting at the last point I would consider buying before the trend has lost any steam, the 61.8% fib level. Let's see can we take advantage of this high risk to reward ratio!
GBPAUD long term support zone broken ..GBPAUD long term trend and major level support zone broken, now waiting for price retest for making a short order.
If the price move exactly like this , we can make 150 + pips.
GBPAUD TO BREAK BELOW SUPPORT?Price is currently trading around 1.87800, testing the key support area on the 4-hour time frame.
Recent price action shows lower highs coming into the key area.
If price cracks below this level, I'll be looking for short opportunities to continue this trend to the downside.
GBPAUD LongTrade 6
Buy @ 1.90500
Buy limit @ 1.902
Risk Reward (Buy) : 1:3.3
Risk Reward (Buy limit ) : 1:3
Risked : 0.25 % + 0.25% = 0.5% of Balance
Expected Result : .75 % + .82% = 1.57%
GBPAUD Chart H1Here is my view for GBPAUD on H1. The price should go up order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPAUDGBPAUD is Looking Good For Buys Now..... The Down Move is just a retracement Buying from Dips would Good to target the Buy Side Liquidity !
Wait for CAB entry to validate a SELL opportunity Hi Traders,
GBPAUD has been shaping up to give us a breakout and a possible CAB entry for a short position. Pride is approaching the bottom boundary from making a double top and impulsively pushing down.
Looking for a impulse breakout followed by correction before entry will be taken.
What's your view on this pair ?? Comment below and let's talk about it.
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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 💛
GBPAUDIts 52wk hit and sell active. 1.917 to Down 1.863 hit. We can wetting and see. I think its het next wk.
GBPAUD long analysisThe price broke a descending trendline at support level. The horizontal line is a structure and if it breaks above it is most likely to start making higher high and higher lows, that is when you should start looking for buys until it comes up to resistance level.
GBPAUD is a LongWe recently caw good bounce from 0.382 fib after the completion of our previous upward impulses cycle. And now we are in the new upward impulse waves indicating that the Buyers are dominating the market. I have not seen the weekly waves yet so I am assuming that the next upward impulse wave will be wave 2.
It will be a good thing if we swiftly go up with good volume from that Flag, but lets see how the market reacts.
GBPAUD Chart H1Here is my view for GBPAUD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPAUD LONGGBP / AUD shows a clear XABCD format. A wide stop loss had to be used as the risk had to be managed according to the setup. Profit is targeted at 0.618.
GBP/AUDSell: GBP/ AUD
Buy limit: 1.88000
SL @ 1.87450
TP @ 1.89100
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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GBPAUDHello traders. Since the last ceiling is lower than the previous ceiling, the price is at least 130 pips and goes down to the previous floor. Also in case of pullback R:R=5. Are you agree?
GBPAUD LongGBPAUD is currently trading near the low of the drawn up wedge pattern. We expect GBPAUD to take a rejection off our outlined area of support, this will be the confirmation needed for us to take this trade. We're expecting the continuation of this pair to move upwards.
R:R = 1:5:7
GL.
