DeGRAM | GBPAUD long opportunityGBPAUD moved out of the ascending channel .
The market formed a consolidation zone at the support level .
Price broke and closed above 1.79000.
We expect retest of the resistance level .
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Gbpaudsignal
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.
DeGRAM | GBPAUD long opportunityGBPAUD moving in the ascending channel .
The market pulled back to support zone with deceleration.
Price broke and closed above the psychological level of 1.78000.
We expect retest of the resistance level .
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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.
GBPAUD - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on GBPAUD .
Here I expect price to retrace to fill the imbalance below and if price rejects from bullish orderblock + institutional big figure 1.71000 I will open a long position.
Pay attention on news about Cash Rate on AUD that will be announced on Tuesday. If we see an increase of rate, it means strong AUD, that will support our retracement.
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DeGRAM | GBPAUD short opportunityGBPAUD is consolidating at a psychological level 1.7000.
Price action is forming a trend continuation pattern.
We expect bearish moves if the market breaks and closes below the level of 1.7000 flat.
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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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DeGRAM | GBPAUD long opportunityGBPAUD is making higher highs and higher lows.
The market broke and closed above the resistance level, which became a support level.
We expect a test of its most recent high.
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GBPAUD Multipletimeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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