Gbpaudsignal
GBPAUD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/AUD
TREND ANALYSIS
We have 2 Downtrend in red color (Long Term and Internal Trend)
We have 1Uptrend in green color (Long term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Good buy opportunity on GBPAUDGBPAUD broke the market structure that was resistance, price retraced back into this level to test it. I now expect this level to hold price and act as a support.
I will look for buy opportunity with target 1.90296
Do you have any contribution or opinion to my idea? Please share your thoughts or encouraging comment below for everyone here.
GBPAUD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/AUD
TREND ANALYSIS
We have 1 Downtrend in red color (Internal)
We have 2 Uptrend in green color (Internal Uptrend and long term uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPAUD Down Trend.!#GBPAUD Hello trader, I hope are good and safe. Today I opened the chart of #GBPAUD for 15 Min and analyzed it then I see that this chart has made a DOWN TREND, So I hope #GBPAUD will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this chart as price taked out liquidity above weekly high 1.89800 and equal highs aka retail resistance, we have a nice bearish h4 closure and should go lower as the bearish momentum is increasing, my targets are around 1.87000
What do you think ? Comment below..
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price made a failure swing high that means bulls are losing momentum and bears are gather momentum, price retraced back into premium area where a nice sell opportunity has been presented around 1.89500, we have a lot of bullish imbalances that will be filled this week perhaps.
What do you think ? Comment below..
GBPAUD bullish scenario:The British Pound has held onto recent gains as the rapid spread of the Omicron variant continues to hinder the pace at which the global economy can recover from the Coronavirus pandemic. After the BoE (Bank of England) made a decision to raise rates in December, the Sterling ended the year in positive territory and remains resilient against its major counterparts.
In this pair, technical analysis shows a technical figure Triangle. The Triangle broke through the resistance line on 07/01/2022. GBP/AUD is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 39 days with a target of 1.9211. According to the experts, your stop loss should be around 1.8417 if you enter this position.
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