Sell Setup/ Price Action/The market has traded below todays low and has broken structure. What is expected now is for the market to retrace into the 15 OB which is unmitigated
Gbpaudshort
Possible short opportunityHigh RISK due to strong GBP movement at the moment.
GBPAUD reached to previous support level, which may have turned into supply zone introducing sellers.
RSI on lower time frames are also very much over bought, so a cool down period should be expected.
SL: above 1.87826
TP: Fib 0.236 of recent gain
GL
Short GBPAUDGBPAUD is reaching Weekly and monthly resistance short on the break and close below the TL and support at 4H Chart
GBPAUD - SHORTScaling-in opportunity on our previous GBPAUD idea, the level @ 1.88530 is a good level for adding other positions. We will target 1.85480 for TP1 and 1.80450 for TP2.
All the best!!!
GBP/AUD Intra-Day Analysis Update (2021.09.08) So we took entries in the Conservative sell zone and it is going great so far. Locked in some profits @ 50pip mark and now looking for 100pips final target.
GBPAUD | trading opportunityafter the pair gave us a strong bearish movement we waiting for price to give us a retest at the minor zone so that we may continue with our shorts positions
GBP/AUD Intra-Day Analysis Update (2021.09.07) We have broken minor structure on the lower TF to the downside, so we decided to mark another aggressive sell zone for New York Session.
GBPAUD - Bearish BiasGBP - Strong Bearish
1️⃣ Former Democratic Union Party (DUP) leader Arlene Foster has raised concerns of irreparable damage due to the deadlock over the Northern Ireland (NI) protocol.
2️⃣ UK Prime Minister Boris Johnson intends to pursue tax hikes despite objections from his Cabinet.
3️⃣ The UK has recorded 37,011 new COVID cases and 68 more coronavirus-related deaths in the last 24 hours.
4️⃣ Industrial production in the UK is expected to decline following the resurgence of COVID-19 cases in the country.
AUD - Strong Bullish
1️⃣ Positive sentiment in the market supports the strength of high-beta currencies such as the AUD.
2️⃣ In the second quarter, the economy in Australia grew by 0.7%, after growing 1.9%in the previous period, and compared to market forecasts for an increase of 0.5%.
3️⃣ In July, Australia’s trade surplus expanded to AUD 12.11 billion, from AUD 11.1 billion in the previous month, and above market forecasts of AUD 10.2 billion.
4️⃣ Rise in aluminum prices as a result of the coup in Guinea.
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Technical
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We are selling the GBPAUD after it failed to break resistance.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
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GBP/AUD Day Trading Analysis Update (2021.09.07) So GBP/AUD gave a perfect reaction in our Aggressive Sell Zone from the previous analysis. We are still very bearish on GA because of the fact that the Conservative Sell Zone has not been tapped yet.
GBP/AUD Day Trading Analysis (2021.09.06) Overall GBP/AUD is very Bearish for day trading and we are looking for sell zones only. This Analysis should give a clear perspective of what we are looking for in the next 2 days.
@GBPAUD short 1DI don't know how the PA will be, but I am bearish until we hit the 1.84 level :)
having that invalidation for 1.89, tells us that we are not going to that level any time soon(I guess)
GBPAUD - SHORTFor sometime we've been waiting for this level 1.904510 to short this pair to 1.80460 if everything plays out this trade will give out a very good Risk/Reward ratio.
All the best!
GBPAUD ShortGBPAUD has broken the support and TL on 4H chart after getting rejected from monthly resistance, short on the test of resistance level with good risk reward
GBPAUD: Its All Trapped!Sellers have had a clean run down with very simple breakout retail patterns, have the banks made it too easy for them?
Or will they return to capture some of that fine liquidity?
I believe we will see one last push down before we tread up aggressively for NFP.
Let me know what you think in the comments below.
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8930).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.8765
TP2= @ 1.8625
TP3= @ 1.8527
TP4= @ 1.8433
TP5= @ 1.8355
TP6= @ 1.8233
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8930).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.8765
TP2= @ 1.8625
TP3= @ 1.8527
TP4= @ 1.8433
TP5= @ 1.8355
TP6= @ 1.8233
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPAUD AnalysisGBPAUD sell limit to catch the retracement of this pair. The daily closed in an agressive bearish, we'll wait for retracement to enter a short witth the continuing besrish trend.
GBPAUD SHORT TIMEFX:GBPAUD
sellers still dominate the market at the moment, while the big trend is still dominated by buyers, it's better to take the option to sell to buy at the big support
GBPAUD AnalysisBearish on this pair till the end of the the year due to the morning star candlestick printed on the weekly. Go with the trend.
GBPAUD SELL SCalpingsupport and resistance flip
support and resistance flip
support and resistance flip
support and resistance flip
RR 1:2
besl
