Gbpaudsignal
GBPAUD BULLISH OUTLOOKAustralian dollar fell after building approval data came at -17%, while only -5% was expected.
GBPAUD had broke the resistance of the falling wedge pattern. RSI is above 50 and MACD histogram is above 0 line, plus the instrument is above both its 20 and its 50 MA, which is a bullish scenario.
If this scenario continues, we might see increase of the instrument's price to 1.715, the alternative scenario is the price to return to the falling wedge support at 1.687
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GBPAUD longThis is my breakdown gbp/aud after observing it for weeks.
I have been patiently waiting it to hit my diagonal the weekly support ray.
Looking at the 4h timeframe, i think it will hit the line by the end of the day or before.
Will moniter price action at the 15min chart, and look for rejection and conformation before taking a long trade.
The daily price range is 1500 points, and expect it to react at the line and go bullish.
FxBeams
EURAUD and GBPAUD top-down 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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GBPAUD indication for long 12th & 15th daily bars formed two bar reversal. 15th August bar is key reversal bar as well made a new low low, broke 12th August bar high, closed towards the high. weekly bar is inside as well. use low risk for long, add more if dip more down i.e 1.7030. stop loss 1.6990, target 1.7360.
Gbpaud restest completeHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPAUD
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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DeGRAM | GBPAUD long opportunityGBPAUD is currently testing a major support zone near the psychological level at 1.7200.
Price action is decelerating while approaching the zone. This is a bullish pressure indication.
We might see a sharp move up.
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GBPAUD possible sell area!!GBPAUD ( 4H ) is in a long-term bearish trend. We have seen strong rejection from the monthly resistance. currently on the 4H price has just broken local support and heading towards the monthly support zone. As a trend continuation, GBPAUD is likely to drop further as the local support has been tested as resistance.
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GBPAUD possible sell area!!GBPAUD has formed a strong bearish price action on the monthly resistance. It is highly likely that the price will drop from here as it bounced from this monthly resistance and, may continue to drop as the higher timeframe trend is down.
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DeGRAM | GBPAUD short opportunityGBPAUD is moving in a descending channel.
Price action is testing a resistance zone and we can see rejection candles.
We expect a move down and a retest of the support level.
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GBPAUD - RISKY SELLHello traders,
Hope you are having an amazing Monday.
Although we approached a strong area of support for GBPAUD, we do not believe the bearish momentum is over yet.
Anticipating one more leg to the downside to complete the entire move
Lets hope this plays out
GOD bless
ETGL TEAM <3
GBPAUD Two bar reversal dictation weakness for 1.7340#gbpaud, 24th June daily bar key reversal bar. 1st & 4th July formed two bar reversal on daily time frame. 5th July made an insurance bar confirmed weakness ahead. short gbpaud for target 1.7340. split your risk for two or three trades. if price retrace upside i.e 1.7670 and 1.7740 may add more short. stop loss 1.7830.