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Gbpaudsignal

GBPAUD on Shorting Pressure! Let's See How it goes? {08/08/2023}Educational Analysis says GBPAUD may go Short according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Because GBPAUD Facing Bear or Short Traders Pressure From this area to go down. This pair has started to make a change of character. So this will be my trade set up to earn 5000 pips on this pair. The market is bearish and I don't see this pair will make any new high upto my target profit level. The black line is the Order block The Blue line is high and low at the current price. Trendline is also a blue line consisting of 2 joints on both sides to make the trendline valid. Sell Limit Order at 1.95503 Stop Loss at 1.95655 Take Profit at 1.90712 I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy trading, FX Dollars.
Short
by VishalBudhrani
GBPAUD ____ INCOMING BULLISH MOVEHello Guys, This pair is on my radar for one very strong reason amongst others... which is... in the monthly timeframe, the price is to continue the impulse leg... in the weekly timeframe, the price is printing the impulse leg and in the daily timeframe, price is retracing which I expect will get into the daily order block then continue the rally that is expected on the daily, weekly and monthly timeframes. You will also notice that the price has formed relatively equal lows (sell-side liquidity) on the lower timeframe which I have indicated on the chart for you to see which is just above the daily order block. As we know, liquidity and imbalances are what attract price... hence, I expect it to be swept which gives more reason why price might get to the daily order block. Once this happens, I will go to the 1-hour and wait for my trade setup to go long. My target price is gotten from the weekly chart. See correlated pair analysis: EURAUD & GBPCAD Follow for more updates like this EURAUD ANALYSIS GBPCAD ANALYSIS Cheers, Jabari
Long
by jabariofafrica
GBPAUD Long Term SELLING Trading IdeaHello Traders In This Chart GBPAUD Forex Forecast By FOREX PLANET today GBPAUD analysis 👆 🟢This Chart includes_ (GBPAUD market update) 🟢What is The Next Opportunity on GBPAUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
Lingrid | GBPAUD short from the strong RESISTANCE zoneThe market tested the main resistance zone. The price bounced off the resistance by forming impulse movement before. The market overall is in the range zone. I think it might go down to test support if the resistance rejects the price again. It might make a double top, it formed a divergence. I look forward a pullback from the strong resistance zone. My goal is to support 1.91905 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
14
GBPAUD - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: After the change of character here price started to make higher lows and higher highs, so I am looking for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.91000. Fundamental analysis: Next week on Tuesday will be released Cash Rate on AUD, but on Thursday Bank Rate on GBP. These are important news, pay attention to the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
2
GBPAUD Leavid out the wedge to the NorthernTREND BULLISH GBPAUD breaking now slowly the wedge consolidation to the upperside. “The Bank of England has warned that it is likely to underwhelm with rate hikes as the UK enters a recession that could last until 2024.” Economic growth will remain hampered and inflation high until the energy crisis eases – however this is to a large degree outside of domestic control, with Russia’s invasion of Ukraine driving up energy prices. What Drives the Australian dollar? The AUD is what is known as a commodity currency, in that it aligns itself with the world prices of primary commodity products. Australia relies on the export of certain materials such as coal and iron ore for a substantial part of its income. “Given that China is the world’s largest consumer of commodities, and Australia’s largest trading partner, the health of the Chinese economy can be a key influence on AUD,” Griffiths says. “The Australian dollar was weighed down in 2022 by global recession fears and the zero-Covid policy in China, its largest trading partner.” By 2024, inflation in the UK is expected to return to target levels set by the Bank of England. Along with a recovery in economic growth and a potential resolution to the Brexit Northern Ireland protocol, the pound could see a “strong recovery,MAYBE!
Long
by DaveBrascoFX
2