GBP/AUD going higher💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
GBP/AUD has been rejected from important support on weekly chart and now will head higher.
Let us know what you think about this idea.
Trade safe !
Gbpaudtrade
GBPAUD NEXT TRADE SETUPGBPAUD is in impulsive Bearish momentum and is going to test its immediate support. We can gain some confirm sell pips from here and after which we will be looking into LONG entries.
Entries should be taken only if all the rules of entry are applied.
Comment below for any kind of assistance.
GBPAUD - LETS GO LONGPrice broke through support only to retrace back to it and is testing the 50.0 Fibo level
There is a lot of divergence on the lower timeframes confirming a possible change in trend, I suspect that price will consolidate for a bit only to bounce off towards the next level of resistance
GBPAUD, 4hr tf, double bottom reversalBased on the 4hr chart there is a double bottom forming. Price already broken through the resistance and then hovering around it for some time.
The last 4hr candle close indicates another close above the resistance so i am convinced that price will continue going up
Buy GBPAUD 1.8100
Stop loss 1.8020
Take profit 1 @1.8180
Take profit 2 @1.8260
good luck
GBPAUD News Trade - RBA Interest Rate DecisionForecasted interested rate is 0.25% which is same like it was for past three months. Today I am expecting the bank will keep the interest rate same as well and the GBPAUD will complete its final wave.
Sell GBPAUD now from Current Market Price with SL 1.8023 and TP can be 1.7690 or 1.7700