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Gbpaudsetup

GBPAUD Potentially Bearish on H4FX:GBPAUD Has broken the most recent H4 trendline and equally broken the strong support around the 1.92000. I will wait for the retest of the zone before taking an entry around the 1.92000 area. When that happens, I will target 1. 1.90380 and 2. 1.89187 with my stop at 1.92696 A break above the 1.93208 will mean the bearish condition is invalid and will look for a potential long Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
Short
by Mbjoey
GBPAUD Technical Analysis And Trade IdeaDelving into the current dynamics of the GBPAUD currency pair, our analysis reveals a predominantly bullish market trend on higher time frames, notably the monthly and weekly charts. Focusing on the daily time frame, we are strategically seeking an entry point. Presently, the price has undergone a substantial swing and is in the process of retracement. Our attention is fixed on identifying a retracement within the 50% to 61.8% Fibonacci retracement zone – our preferred entry area. The video meticulously dissects price action, market structure, and the overall trend, elucidating crucial elements of technical analysis. Throughout this presentation, we embark on an in-depth exploration of pivotal aspects such as market structure, price action intricacies, trend dynamics, and other indispensable components of technical analysis. It's imperative to underscore that this content is intended for educational purposes. Nevertheless, it's essential to refrain from interpreting it as financial advice.
Long
by fxtraderanthony
GBPAUD I Trading plan ahead of AUD rate statementWelcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
1
GBPAUD Potentially BullishFX:GBPAUD has been been attempting to push higher creating some higher lows on the H4 TF. Are we going to see a continued push? That remains to be seen. My Immediate support areas: 1) 1.91936 2) 1.90541 My immediate Resistance areas (Targets) 1) 1.94971 2) 1.97279 Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results Like and follow for more
Long
by Mbjoey
Relative equal lowsGBPAUD has been unswervingly bearish the previous week, but now we have here a change of character which is in sync with the daily timeframe. On the daily timeframe we have relative equal lows and looking for a pullback to the daily supply, so this should be a strong bullish move before going bearish. Back to this current timeframe, the anticipation is for price to mitigate the order block and take buys from 1.89176, initially targeting the breaker block at 1.90310 and ultimately the order block at 1.90900…
by tokelohomi
#GBPAUD: 1600+ PIPS SELLING SETUP!! Hey Everyone, GBPAUD had reached the buying exhaustion point since then price dropped significantly what we are currently looking at this pair is to watch for any retracement so that we can enter at the perfect zone. The main reason why we are expecting the big trend is due to BoE and RBA diverge in their monetary policy; though GBP is expected to be a weaker currency mainly because of strong US DOLLAR presence in the market. Thank you as always ;)
Short
by Setupsfx_
8
"GBPAUD: Continuing Bearish Momentum"#GBPAUD have been on falling all the month and still showing a bearish momentum, given the patterns recently formed indicating a continuation movement and the atual pattern formation it is also a continuation pattern that indicates a bearish movement in the market. The price it is expected to fall to 1.9086, before anything else we wat for the market to surely confirm the breakout by closing few candles below 1.92290 🔥GBPAUD SELL (1.92000-1.92400) 🟢TP1 - 1.91700 🟢TP2 - 1.91300 🔴SL - 1.92800
Short
by FKW-Millions
2
GBPAUD LONG SETUPAfter identifying a break of structure on the daily time frame we can determine potential buy setups for the GBP/AUD currency pair. This break of structure coincides with an institutional round number at 1.95000 which adds further significance to the bullish potential. Additionally a bullish order block on the 4-hour timeframe further supports the notion of a potential bullish move. Furthermore it is important to consider the diagonal breaking attempt of structure on the same 4-hour timeframe. This diagonal breaking attempt suggests that the currency pair may face resistance or struggle to break through certain price levels. However given the overall sideways trend there is still potential for the GBP/AUD pair to exhibit bullish behavior. Overall based on the observed technical analysis there are potential buy setups for the GBP/AUD pair. However like any trading decision it is crucial to consider other market factors implement risk management strategies and continuously monitor the market to adjust trading positions accordingly.
Long
by oluwaleyefaith27765