Gbpaudprediction
GBP/AUD Approaching SupportLooking for this to turn higher at the current support level. Keep an eye on MACD and EMA's and possibly 1HR timeframe as well for the point that this holds up before turning higher. Its possible to slightly overshoot the blue line I have drawn in around 0.382 Fibonacci before turning.
Setting target at the previous high of 1.80100 for now. Need to see that resistance break before aiming higher.
GBPAUD BUYAs i can see this pair is holding a strong support zone on daily and weekly based so i am expecting it will achieve our Design TP's Soon
We are trading this pair with a small risk and looking for higher reward
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GBPNZD BUY AFTER BREAKOUTAs i can see this pair still trading in range and we will start buying once it make a confirm breakout
if we see this pair on bigger TF then it is sowing that bulls are ready to make a new up move from
and then we will trade this pair with a small risk and looking for higher rewards
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GBPAUD BUYING FROM SUPPORT ZONEGBPAUD has reached @ strong support zone and also GBP is trading above 1.36000 zone as we predit it will gain more
against US $ in our previous analysis friends we took this trade with a small risk and looking for higher rewards
Push like it will be ur great love for us and help other traders to caught some good entries in this market
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GBPAUD BUYING FROM KEY ZONEAs I can see this pair is testing strong support zone and price is still holding with bulls
and we are buying this pair also on the base of GBP STRENGTH and right now this pair is testing weekly based support zone
so we expected this designed Tp will achieve with a small risk and looking for higher rewards
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GBPAUD – the completion of 2/B wave in the range of 1.7934We had little time to get the general trend in the daily chart, but in the 240-minutes chart, it was totally clear that a trend which has started in the range of 1.7469 has ended in the range of 1.8527, that is in the format of 5 waves. Also, the corrective movement is in the form of 3 simple waves that have completed in the range of 1.7934. Given these conditions, we should have an upward movement of 5 more waves, which the targets are 1.8307 to 1.8507.
The main confirmation for this uptrend is when the price crossing the range of 1.8218, on the contrary, the range of 1.7934 will violate this analysis
GBPAUD SELLGA looking like a nice sell setup, if you're not in this already look for retest of the purple box area, and rejection on the 15 min time frame. Looking like a nice opportunity to sell around this area due to the fact it is rejecting the fib levels we look out for as well descending trend line and rejection of the EMA.
Take partial profits at the given levels.
200 pip gain 4/1 RR
Trading Pathways Analysis of GBPAUD H4 Chart
The outlined white arrow pathway is the predicted pathway that the GBPAUD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where GBPAUD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways