GBPAUD Potentially BullishFX:GBPAUD eventually broke out on the up side and is currently attempting a retest of the broken zone. If it holds as a new found support, a buy will be in order. I recommend the reversal patterns be fully formed before taking the position
Past results does not guarantee future results, do your due diligence
Gbpaudtrade
GBPAUD - Short active ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price rejected from institutional big figure 1.91000 + FIBO 0.786 level.
Fundamental news: Next week on Wednesday will be released yearly CPI on GBP and on Thursday we will see results of Unemployment Rate on AUD.
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7 Dimension Bearish Setup For GBPAUD 🕛 TOPDOWN
Monthly: The presence of a triangle signals a continuation, coupled with a rejection at the upper trendline, indicating potential upward momentum.
Weekly: Notably, a change in character is observed. To pursue further highs, a deeper downward movement for a liquidity sweep is anticipated, suggesting a potential downside.
😇 7 Dimension Analysis
Time Frame: Daily
1: Swing Structure: Despite an intact bullish structure, abnormal elements are detected during consolidation.
🟢 Structure Behavior: Choch
🟢 Swing Move: Impulsive
🟢 Inducement: Confirmed
🟢 Pull Back: No pullback evident
🟢 Internal Structure: Sideways
🟢 No unmitigated Order block at the upper side
Trendline marked, Support Breakout/CIP waiting, pre-breakout buildup with micro bearish quality check.
🟢 Traps: A trendline Fake out has occurred, implying a potential sharp move if the trendline breaks again.
🟢 Time Frame Confluence: Daily
2: Pattern
🟢 CHART PATTERNS
Reversal: Notable patterns include Head and Shoulders (strong at the top), Consolidation Rectangle with higher lows, and a Symmetric Triangle indicating continuation.
🟢 CANDLE PATTERNS
In the current sideways market, candle patterns might not be as effective. However, candle quality, size, and frequency suggest heightened bearish activity.
3: Volume
🟢 Fixed Range: Bearish volume surpasses bullish volume.
🟢 Volume during Cycle: A substantial bearish volume has been observed.
4: Momentum RSI
🟢 Zone: Stuck in a sideways zone.
🟢 Range shifted: Transitioned from bullish to sideways.
🟢 Loud moves: Also shifted, indicating a likelihood of further downward movement.
5: Volatility Bollinger Bands
🟢 Middle band: Positioned below the price.
🟢 Volatility Contraction: Fully observed.
🟢 Squeeze breakout: Anticipated.
🟢 Band Puncher: Price action exhibits punches on both sides.
6: Strength According to ROC
🟢 Values: A comparison of 0.37 vs 2.46 shows AUD's strength over GBP.
7: Sentiment
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Internal BOS
☑️ Current move: Impulsive
✔ Support resistance base: Last high liquidity sweep and rejection.
💡 Decision: Sell
🚀 Entry: 1.9040
✋ Stop loss: 1.9270
🎯 Take profit: 1.8020
2nd If Internal Structure changes, also exit on 3rd trendline breakout, Fomo
😊 Risk to reward Ratio: 1:4.5
🕛 Expected Duration: 30 days
SUMMARY
The comprehensive analysis suggests a nuanced scenario with potential for both upward and downward movements. While bullish elements persist, anomalies in consolidation hint at complexities. The expectation of a liquidity sweep for further highs and the indication of bearish volume emphasize the need for cautious trading. The decision to sell is supported by multiple factors, including structural analysis, candle patterns, and volume considerations. The risk-to-reward ratio and expected duration align with a strategic approach to market dynamics.
Intraday Scalping Idea for GBPAUD: Key Levels and Buy LimitsHey traders! 👋
H1 ICT Long setup
Let’s take a look at the GBPAUD H1 chart, which performed LG and Displacement + Choch after Asia AM session. Our AI screener shows the AUD is increasing momentum to the weak side, currently GBPAUD has strongest momentum amount AUD pairs.
If you’re looking for an intraday scalping idea, here’s one for you:
🎯 Target on key levels:
1.9136
1.9118
1.9100
📉 Buy limit order levels:
1.9061
1.9048
1.9035
🛑 Stop loss:
1.9028
Remember, this is just an idea and not a guarantee. Always do your own research and analysis before making any trades. Good luck! 🤞
GBPAUD: 2nd Swing Selling Opportunity! Dear Traders,
Hope you are doing well and enjoying the festive holidays.
GBPAUD the first entry that we took, it dropped successfully 560+ pips from our entry, though as price drop it leave behind LQ Void(gaps) in the market which is where will likely to be headed in coming days. Please wait for price to do some correction and then enter using small timeframe which will help you with entry precision.
Happy New Year In Advance :)
#GBPAUD: Reasonable target with 400 pips! Dear Traders,
gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time.
If you like our work then do like and comment that will encourage us :) thanks for your continuous support.
GBPAUDPair : GBPAUD ( British Pound / Australian Dollar )
Description :
Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60%
Entry Precaution :
Wait for Rejection or Retracement
GBPAUD - Accumulation phase ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in accumulation phase as price is in a range for the last 2 months, so I expect we could see AMD pattern. Price to manipulate sell side liquidity and then to distribute higher for buy side liquidity.
Fundamental news: Next week on Wednesday will be released monthly GDP on GBP, on Thursday Unemployment Rate on AUD, as well Interest Rate on GBP.
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GBPAUD I Price is in consolidation and likely to break higherWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPAUD Long Term Buying Trading IdeaHello Traders
In This Chart GBPAUD HOURLY 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
GBPAUD Potentially Bearish on H4FX:GBPAUD Has broken the most recent H4 trendline and equally broken the strong support around the 1.92000. I will wait for the retest of the zone before taking an entry around the 1.92000 area. When that happens, I will target
1. 1.90380 and
2. 1.89187
with my stop at 1.92696
A break above the 1.93208 will mean the bearish condition is invalid and will look for a potential long
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPAUD - Potential retracement ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here I expect price could make a retracement to fill the imbalances lower and then to reject from bullish order block + institutional big figure 1.91000.
Fundamental news: Next week on Wednesday will be released yearly CPI on GBP and on Friday Unemployment Rate on AUD. These are important news for the currencies, so pay attention to the results in order to validate the analysis.
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GBPAUD: Pound weakens as UK inflation fallsA weak US CPI hurts the dollar a lot.
Tuesday saw a significant decline in the value of the US dollar after statistics revealed that US consumer prices were unchanged in October but increased 3.2% year over year, less than anticipated, following a 3.7% increase in September.
The most important factor in determining whether the Fed will continue to tighten policy is stable inflation, particularly in light of the unexpected increases in prices in August and September.
Actually, in anticipation of this data release, Fed officials are eager to continue tightening their stance. Therefore, a decline in inflation has a big effect on the dollar when traders start to focus on when the Fed might start reducing interest rates as they recognize the likelihood of a rate hike this year.
"We continue to believe the final blow to
GBPAUD Technical Analysis And Trade IdeaDelving into the current dynamics of the GBPAUD currency pair, our analysis reveals a predominantly bullish market trend on higher time frames, notably the monthly and weekly charts. Focusing on the daily time frame, we are strategically seeking an entry point. Presently, the price has undergone a substantial swing and is in the process of retracement.
Our attention is fixed on identifying a retracement within the 50% to 61.8% Fibonacci retracement zone – our preferred entry area. The video meticulously dissects price action, market structure, and the overall trend, elucidating crucial elements of technical analysis.
Throughout this presentation, we embark on an in-depth exploration of pivotal aspects such as market structure, price action intricacies, trend dynamics, and other indispensable components of technical analysis. It's imperative to underscore that this content is intended for educational purposes. Nevertheless, it's essential to refrain from interpreting it as financial advice.
GBPAUD Long Term selling Trading IdeaHello Traders
In This Chart GBPAUD HOURLY 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
GBPAUD - Look for a short ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block.
Fundamental news: Next week on Tuesday will be released Cash Rate on AUD, which is forecasted to increase, this means strength in currency. As well, on Friday will be released monthly GDP on GBP.
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Are you ready to hear about a Risk and Reward 1:6 Swing Trade? LOur screener has identified that GBP is a relative weak currency in this session, and we’ve found that GBPAUD has broken out of the support zone and is headed towards the downside.
It is forming a Lower High in H1 (Lower High)
It can be developed to a Swing Trade(holding for a couple of days)
So, what’s the plan? We could consider the nearest two target levels (1.9081 and 1.8994), with a stop loss at 1.9200 and a sell entry zone between 1.9157 to.1.9200.
With this strategy, you’ll be well on your way to making some serious cash. Good luck! 💰
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