GBPAUDI am expecting GBPAUD to drop to the level of 1.91092 as there has already been a retracement already.
Gbpaudshort
GBPAUD, Expecting ShortGBPAUD, i am expecting GBPAUD short because of Choch and it is now testing order block which will throw it back down
GBPAUD Short BearishGBPAUD Short Bearish
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The GBPAUD short bearish idea is supported by two key technical indicators: Dow breakdown and bearish divergence.
Dow Breakdown: The GBP/AUD currency pair has experienced a breakdown based on the DOW theory, which suggests that price movements in one market can influence price movements in another market. A breakdown in the DOW can potentially impact the GBP/AUD pair, indicating a shift in momentum in favor of the bears.
Bearish Divergence: In addition to the Dow breakdown, there is a presence of bearish divergence in the price action. This occurs when the price makes higher highs, but the corresponding indicator (such as RSI or MACD) makes lower highs. It indicates that the buying pressure is weakening, and a bearish reversal might be on the horizon.
Combining these two technical signals, traders might consider taking a short position on the GBP/AUD currency pair, anticipating further downward movement in the exchange rate. However, it is essential to perform further analysis and risk management before executing any trades. Traders should also be aware of potential risks, such as unforeseen market events or changes in economic fundamentals that could impact the currency pair's direction. As with any trading idea, it is crucial to consider your own trading strategy and risk tolerance before making any decisions.
GBPAUD I Intraday short from resistanceWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
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GBPAUD Long Term SELLING Trading IdeaHello Traders
In This Chart GBPAUD Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Time For GA To Fall..GBP/AUD - I believe it is time, the analysis is above, but if we are being honest, this looks like it will be a clear double top, by EOP on Monday, before RBA decide their interest rate within the Asia session on Tuesday, and I only see AUD growing stronger.
Especially with all the tension surrounding the UK interest rate itself this week, I don't see the pound holding strong whatsoever, so I am short on that naturally. This however, I can see a potential 100+ pip play breaking out.
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: After the change of character here price started to make higher lows and higher highs, so I am looking for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.91000.
Fundamental analysis: Next week on Tuesday will be released Cash Rate on AUD, but on Thursday Bank Rate on GBP. These are important news, pay attention to the results in order to validate the analysis.
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GBPAUD, Expecting down MoveGBPAUD, I am expecting 400+ pips move from this level, minimum at least 250+ pips move should be there till latest H1 OB.
gbpaud scalpthere are two qml north and south of the price, I think the first one would be long trade and then short trade
GBPAUD - Potential Short - 2023/07/24Trade Briefing
Price is approaching monthly resistance once again but at a lower level;
BXY is indicating a 1% decrease in the upcoming day or so;
it previously rejected this area and we're hoping for a similar outcome.
We have GBP Flash PMI @ 430AM 0/725
Price is being monitored on the 15m interval and any closure above previous high will void this trade.
Peace and blessings my brudas
Don't jump early for this H&S pattern!Hello Traders
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GBPAUD to retest previous support?GBPAUD - 24h expiry - We look to Sell at 1.9000 (stop at 1.9075)
The current move lower is expected to continue.
Further downside is expected.
Short term RSI is moving lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.8850 will confirm the bearish momentum.
Our profit targets will be 1.8820 and 1.8780
Resistance: 1.8950 / 1.9000 / 1.9050
Support: 1.8850 / 1.8800 / 1.8750
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPAUD Analysis the price managed to break the bullish trendline and form a bearish structure for now. If we pull the Fibo extension, the price is right at level 1. There is a possibility that the price will still go down to Fibo 1.618 where this area also intersects with strong support.
GBPAUD - Potential Short Term SellGBPAUD short term sell. The pair has been trending downward. We are looking for a potential retracement to the 79% Fib level (that is in line with the OB). Price is also approaching this level in a corrective manner.
GBPAUD Expanding Triangle D1
Contracting Triangle w1
Short Now and after Down We gat a Strong Buy Wave 5 And Push Down again
Now we are in wave 4 From (C) looks like (Expanding Triangle) after This We have a last Wave 5 in the limits 1.98200-- 78.6% fibo From wave (D) and Push Down again
have a good luck
GBPAUDThis trade is again in the radar!!
If it gives me a bearish confirmation, I'm shorting the pair.
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
⚠️GBPAUD falling with Rising Wedge Pattern⚠️GBPAUD managed to complete the Rising Wedge pattern near the 🟡 Price Reversal Price(PRZ) 🟡 and important downtrend line .
There is also a Regular Divergence (RD-) between two successive peaks.
🔔I expect GBPAUD to start its main decline after breaking the lower line of the Rising Wedge pattern.
🔅British Pound/Australian Dollar Analyze ( GBPAUD ) Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
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GBPAUD to turnaround?GBPAUD - Intraday - We look to Sell at 1.9250 (stop at 1.9330)
Price action looks to be forming a top.
Further downside is expected.
Risk/Reward would be poor to call a sell from current levels.
The RSI is trending lower.
A move through 1.9100 will confirm bearish momentum.
Our profit targets will be 1.9050 and 1.9000
Resistance: 1.9200 / 1.9250 / 1.9300
Support: 1.9100 / 1.9050 / 1.9000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Why Buyers Beware—The Hidden Danger Above the Resistance LevelThis pair has been on quite a rally lately, showing strong signs of breaking out from the stubborn 1.92 resistance level that has held firm for quite some time. You can easily spot this level as it's marked by the trusty green dotted line on the chart.
However, before we get too excited about this breakout, it's important to consider a potential fake-out scenario. Right above the resistance level, there's a weekly supply/sell zone that was established back in 2020. This zone witnessed some hefty selling activity in the past, and now that we've entered it again, the market might just be eyeing the 1.95 mark before making a swift reversal.
Take a glance at the lower timeframe charts, and you'll notice a recurring pattern: every time a new high is reached, the market tends to experience a rapid sell-off. This is usually a telltale sign of buyer exhaustion, and it's often followed by one last monumental spike upward before a sharp decline takes place. This kind of price action is notorious for fooling people into buying, effectively creating liquidity for the big sellers.
That's precisely why I'm currently on the lookout for a short sell opportunity. I'll wait for my TRFX indicator to give me an entry signal above 1.94 before jumping into the market. My initial target will be 1.92, which is the breakout level we're currently witnessing. I anticipate a retracement to occur before a subsequent rally confirms the validity of the breakout.
I've also identified a second target at 1.90, indicated by the second dotted line on the chart. This level might prove to be an attractive area for buyers to jump back into the market.
Now, don't get me wrong. I do believe that this currency pair has the potential to rally well above the 2.0 mark in the long run. However, to validate such a move, we need to closely monitor how the monthly candle closes. It will give us a clearer confirmation of the breakout.
For the time being, though, a short-term sell trade seems like a promising opportunity, with targets set at either 1.92 or 1.90.
Now I could well be wrong and the market just blows straight through 1.95 though the stop will be tight on this trade.
I hope you enjoyed reading through my analysis. Stay tuned for more!
GBP/AUDPossible retracement on GBP/AUD
GBPAUD has been making higher highs & higher lows, could see a retracement before making new highs
🎁sell GBPAUD at the supply and earn +250 pips🔥You can see the analysis of the pound to Australian dollar currency pair in the one-hour time frame (GBPAUD_ 1H)🔎
✍🏻Considering that the price has been able to break its upward trend line and make a pullback to it, if the price can reach the supply zone, it can fall to the specified targets🔻
🛎» Sell Limit GBPAUD«🛎
🔷The entry range and profit and loss limits are specified below:
💢Entry range: 1.92800 - 1.93040
❌SL: 1.93100
✅TP1: 1.90300
✅TP2: 1.87800
✅TP3: 1.85800
⚠️❗️Please follow the capital management❗️⚠️
----------💎TRADERSTREET💎--------
