GBPAUD, Expecting ShortGBPAUD, i am expecting GBPAUD short because of Choch and it is now testing order block which will throw it back down
Gbpaudsignal
GBPAUD Analysis 31July2023In the last 10 days this pair was seen experiencing bullish, but in my opinion, this pair is still in the complex correction stage and there is a most likely to occur bearish.
I look for opportunities to do this short and analysis valid as long as prices do not rise higher than invalid areas.
GBPAUD Testing Support GBPAUD testing strong support area again, let's wait if support breaks or resist from the area.
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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
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 👩💻
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.
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GBPAUD, Expecting down MoveGBPAUD, I am expecting 400+ pips move from this level, minimum at least 250+ pips move should be there till latest H1 OB.
DeGRAM | GBPAUD breakout of the ascending channelGBPAUD broke and closed below the psychological level at 1.91000.
The market broke the structure on the 4 hourly chart, indicating a trend shift.
Price action made a false breakout of the resistance, which is a shallow higher high, meaning bulls are running out of steam.
We expect a channel break and a bearish move.
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GBPAUD Downside Parallel ChannelGBPAUD ranging in downside parallel channel, wait for breakout to take entry.
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GBPAUD - Potential Short - 2023/07/24Trade Briefing
Price is approaching monthly resistance once again but at a lower level;
BXY is indicating a 1% decrease in the upcoming day or so;
it previously rejected this area and we're hoping for a similar outcome.
We have GBP Flash PMI @ 430AM 0/725
Price is being monitored on the 15m interval and any closure above previous high will void this trade.
Peace and blessings my brudas
GBPAUD Next Possible Move Pair : GBPAUD ( British Pound / Australian Dollar )
Description :
Bearish Channel in LTF & STF as an Corrective Pattern
Break of Structure
Impulse Correction Impulse
Fibonacci Level - 61.80%
Head and Shoulder
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!
GBPAUD Parallel ChannelGBPAUD ranging in upside parallel channel, wait for breakout to take entry.
Manage your risk accordingly!
DeGRAM | GBPAUD fibonacci clusterGBPAUD broke and closed below the psychological level at 1.91000
The market broke out of the ascending channel and created a descending channel.
Price action is pulling back to the Fibonnaci cluster and psychological level.
We expect a bounce and a retest of the support.
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GBPAUD : Short Trade , 1hHello traders, we want to check the GBPAUD chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to play the role of a resistance level for us and cause the price to fall. If the price falls, we expect it to fall around the price of 1.88600. Good luck.
GBPAUD Analysis the price managed to break the bullish trendline and form a bearish structure for now. If we pull the Fibo extension, the price is right at level 1. There is a possibility that the price will still go down to Fibo 1.618 where this area also intersects with strong support.
DeGRAM | GBPAUD at the psychological levelGBPAUD is testing the psychological level at 1.8900.
The market is printing an equal measured move AB=CD, where D completion is right at support level near the buy zone.
We expect a short-term pullback if price action creates pinbar rejection candles or double bottom.
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GBPAUD ABCD PatternGBPAUD completed ABCD pattern now hopefully we can see the retracement from here towards upside.
Manage your risk accordingly!
GBPAUD : Short Trade , 4hHello traders, we want to check the GBPAUD chart. The price has pulled back to the specified key level after breaking the ascending channel to the bottom. We expect this level to act as a resistance level for us and cause the price to continue falling until around the price of 1. 89700. Good luck.
GBPAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
GBPAUD Analysis 11July2023if we pull the trendline as in the picture, it looks like a bullish channel. today there has been a high enough bullish movement to form a BoS. the closest target is the channel trendline above.
GBPAUD Still Potential to UpsideI see some of these are too lacking to make me sure if the movement in this pair is experiencing a downtrend breakout. In fact, I believe the downward movement is a form of correction that is too visible. I'm still positive if this pair experiences bullish strengthening, especially if the strong resistance can be broken
GBPAUD Triple Top ChartGBPAUD is forming triple top on 1hr chart hopefully we can see the sell pressure through this resistance.
Manage your risk accordingly.
