GBPAUD 11June2023for now I think that this pair is in a correction period, with the price having fallen more than the correction confirmation line and now it is likely that it has formed wave (1) and is entering the correction period of wave (2), which means that our focus now is to look for a sell area around the trendline bounce or maybe in the SnD area above.
Gbpaudtrade
GBPAUD and GBPNZD 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 short positionnothing has changed, I'm still in the short position.
there is a chance to adding some volume on the blue box up ahead.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and to take liquidity below equal lows and then to reject from bullish order block.
Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.
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GBPAUD BUYSHello Traders I’m back GA updates, few weeks back I talked about GBPAUD bullish run so it’s time we can say the buys we have been waiting for has come pips target on this trade is around 279 pips so traders let’s take good advantage on this Trade. Happy Sunday guys . Tell me what you guys think about GA.
GBPAUD BUYHello Traders We are looking at GA Buys So Breaking it down Educationally For Understanding So On The Daily TF We Noticed Price Creating HH And HL Even Before That GA is Currently On A Bullish Trend, so Price Broke Out A Resistance Making that Level a New Support Level Which Is Our Higher Low (HL) So Before We See A Buy Moves We Wait For Price To Retest Our HL Level So Let's Wait Patiently. Thanks Drop A Comment On What You Think About GA
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: We have news events on GBP on Thursday 13th of April, will be released monthly GDP which is forecasted to be lower than previous month, this can support our retracement, as lower GDP means weakness of currency.
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GBPAUD Investment Plan - 30/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect GBPAUD to go Down anytime soon from the blue zone .
We will internally monitor the price action as the wave will progress.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
TRADE UPDATE GBP/AUD looking good for upside!Inverse H and S formed on GBPAUD we had bullish indicators.
7>21
Price>200 - Bullish
RSI >50 Higher lows
The trade is playing its course and as long as the uptrend support level holds, it's good to keep.
Target 1.8789
If the price breaks below, I would raise my stop loss to lock in profits.