GBPAUD....SHORT ( 115 PIPS)From the recent two highs on GA occurred on 24th October, London session and 27th October, New York session respectively. I'm calling out my shorts on GA with a 0.64% change of price value.
NB: All eyes on my 8 EMA and 50 ( red and blue respectively)
Also, the two horizontal lines are my breakout points
Red Box: rejection zone
Gbpaudshort
Mon 24th October 2022 GBP/AUD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Sell. Enjoy the day all. Cheers. Jim
GBPAUD H1Hi traders, GBPAUD if pullback and go to our mentioned pattern completion area then we will be looking on the top for a short position opportunity otherwise it can go directly to the downside without a pullback so trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
GBPAUD SELL LONGThe British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
GBP AUD Technical AnalysisThe British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
Mon 26th September 2022 GBP/AUD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Sell. Enjoy the day all. Cheers. Jim
GBPAUD is in possible sell zone!!GBPAUD (4H) has formed a strong bearish price action. After a double top, the price currently has tested the neckline of the reversal pattern and rejected to the downside with double Doji with lower highs. On daily, we see very strong bearish engulfer and price is likely to continue to drop as the lower timeframe price is showing significant rejection.
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