AUDGBP trade ideas
GBPAUD SELL & BUY TRADE PLANS📌 Trade Plan #1 (Intraday Short Trade)
Trade Type: Intraday Short Position
📉 Sell Limit at: 1.9920 - 1.9950 (Order Block + Liquidity Grab)
🛑 Stop Loss: 2.0010 (Above Structure + 60 pips)
🎯 Take Profit 1: 1.9800 (Liquidity Grab Zone)
🎯 Take Profit 2: 1.9750 (Major Demand Zone)
Risk-Reward (R:R): 1:4.5 (High Probability Trade)
🔥 Reasoning:
Liquidity above 1.9920 can induce Smart Money entries.
Order Flow still bearish on LTF, targeting liquidity at 1.9800.
Confluence: OB + FVG + Liquidity Pool + Bearish CHoCH
📌 Trade Plan #2 (Swing Trade Long Position)
Trade Type: Swing Buy Position
📈 Buy Limit at: 1.9750 - 1.9780 (Demand Zone + FVG)
🛑 Stop Loss: 1.9700 (Below Liquidity Grab)
🎯 Take Profit 1: 1.9900 (OB Retest)
🎯 Take Profit 2: 2.0000 (High R:R Target)
Risk-Reward (R:R): 1:5 (High Reward)
🔥 Reasoning:
Liquidity below 1.9750 hasn't been grabbed yet.
Major Demand Zone (Daily + 4H confluence).
Smart Money reversal expected after liquidity sweep.
Final Decision - What Would I Do?
As a professional institutional trader:
1️⃣ Wait for price to sweep above 1.9920 before shorting.
2️⃣ Enter Short at 1.9920 - 1.9950, target 1.9750.
3️⃣ If price reaches 1.9750, monitor for bullish signs before entering a long.
Key Risk Management Rule:
If price fails to reject at 1.9920, avoid shorts.
If price doesn't show reversal at 1.9750, no long entry.
Institutional Execution:
Use limit orders to avoid slippage.
Watch price reaction at key levels for confirmation.
This is an institutional-grade analysis ensuring precision and strict risk management. 🚀💰
GBPAUD Bullish Trend IS OVER ?!Why GBPAUD Faces a Correction After a Massive Uptrend and What Lies Ahead
The financial markets are rarely a straight line. After a stunning rally of more than 3000 pips, the GBPAUD (British Pound to Australian Dollar) currency pair has entered a corrective phase, marked by a significant downturn and the breaking of a long-term uptrend line. For traders and investors alike, this shift invites analysis of the key factors driving the correction and the potential for further downside movement. Let’s dive into the reasons behind the decline and what it signals for the future.
1. Exhaustion of the Uptrend
One of the most common reasons for a correction following a sharp uptrend is market exhaustion. Over a prolonged rally, the pair appreciated significantly, fueled by a mix of favorable economic data, central bank policies, and investor sentiment. However, as prices reach extended levels, buyers may hesitate to continue pushing the price higher, leading to reduced demand.
The psychological level of "overbought" conditions often comes into play. Many traders rely on technical indicators such as the Relative Strength Index (RSI) or Bollinger Bands to assess whether an asset is overbought, and GBPAUD likely hit these conditions during its massive 3000-pip surge. This naturally invites profit-taking, further pressuring the pair downward.
2. Breaking the Uptrend Line: A Key Technical Signal
One of the most significant developments in the current market is the breaking of the uptrend line that supported GBPAUD's bullish momentum. Trendlines are crucial tools for identifying market sentiment, as they serve as psychological levels where traders expect price reversals.
The break of this uptrend line not only signals the loss of bullish control but also shifts market sentiment decisively toward the bears. When a major support level or trendline is breached, it often triggers stop-loss orders, increasing selling pressure. Additionally, breakout traders—those who enter positions in the direction of the break—may amplify the downward momentum.
3. Fundamental Drivers Favoring the Australian Dollar
Another factor contributing to GBPAUD's correction is the fundamental shift in economic conditions that have bolstered the Australian Dollar (AUD). Several key factors support the Aussie:
China's Economic Recovery: Australia’s economy is heavily tied to China's demand for commodities. Recent signs of recovery in China or increased stimulus measures could boost demand for Australian exports, strengthening the AUD.
Reserve Bank of Australia (RBA) Policy: If the RBA adopts a hawkish tone or maintains a steady interest rate policy, it could provide further support for the AUD, making it more attractive compared to the British Pound.
4. Technical Corrections Are Natural
Corrections are a natural part of market movements, even in a strong uptrend. After an extended rally, the market often retraces to establish new support levels or consolidate before deciding on the next direction. This is part of the ebb and flow of financial markets, driven by human psychology and technical patterns.
The current correction in GBPAUD appears to be a technical adjustment, with the pair retracing some of its gains to test key support levels. Traders often watch Fibonacci retracement levels to identify potential areas of reversal, with 38.2%, 50%, and 61.8% levels being particularly significant.
5. What’s Next for GBPAUD?
The break of the uptrend line opens the door for further downside movement. Here are key factors to watch:
Support Levels: If the pair continues to fall, traders will look for strong support zones to halt the decline. Key levels may include previous resistance-turned-support zones or psychological round numbers.
Momentum Indicators: Indicators like MACD, RSI, and Stochastic Oscillator can provide clues about whether the downward momentum is likely to continue or if the pair is entering oversold territory.
Fundamental Catalysts: Upcoming economic data releases, central bank decisions, or geopolitical events could shift the balance in either direction.
While the correction is underway, it’s crucial to recognize that the broader trend for GBPAUD could still remain bullish in the long term, depending on how economic conditions evolve. However, for now, the break of the uptrend line suggests that bears have gained control, and the potential for a more significant downtrend looms.
Weakened GBP Sentiment: On the other side, the British Pound may be weighed down by concerns about the UK economy, such as sluggish growth, inflationary pressures, or Brexit-related uncertainty. A dovish stance from the Bank of England (BoE) could further tilt the balance against the Pound.
Conclusion
The correction in GBPAUD is a textbook case of market dynamics at play. After an extraordinary rally of over 3000 pips, the pair's breach of the long-term uptrend line signals a shift in sentiment and suggests that further downside may follow. Traders and investors must now assess both technical and fundamental factors to navigate this changing environment.
Whether this correction is a temporary pause in a larger bull market or the start of a prolonged downtrend remains to be seen. For now, cautious optimism for the AUD and weakened sentiment for the GBP are tilting the balance in favor of a continued correction. Staying informed and adaptable will be key to capitalizing on the next move in GBPAUD.
GBPAUD POSSIBLE BUY?The market is currently testing the current Weekly 0.6 Fib area. Based on Daily and 4HR TF, the market seems to be forming a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
GBPAUD, What will happen in near future ?Hello Traders, Hope you're doing Great.
For upcoming weeks, we'll probably see a downward momentum in this pair. From the viewpoint of Technical, the price has broken its last HL in Daily time frame and changed the trend. from the viewpoint of Fundamental, both Currencies are vulnerable about Risk off sentiment; but GBP is more Vulnerable than AUD because of bad data that came from Britain recently.
so with all of these reasons, Short Position is more reasonable and a downward momentum to the Demand zones is anticipated.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
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THANKS.
GBPAUD BUY Trade Plan with alternative (High Probability Setup)Trade Plan (High Probability Setup)
🟢 BUY SCENARIO (Breakout Above 1.9725 - Trend Continuation)
✔ Entry: Above 1.9725 after a retest
✔ Stop Loss: Below 1.9680 (Safe zone under previous structure)
✔ Take Profit Targets:
TP1: 1.9750 (First resistance)
TP2: 1.9800 (Round number & liquidity zone)
TP3: 1.9850 (Higher timeframe resistance)
🎯 Risk-Reward Ratio (R:R): 1:3 to 1:5 (High probability setup)
🎯 Confidence Level: ⭐⭐⭐⭐ (4/5) – Strong confluences but requires breakout confirmation.
📌 Execution Strategy:
Wait for an H1 close above 1.9725, then enter on the retest.
Avoid entering if price wicks above but fails to hold structure.
ALTERNATIVE:
🔴 SELL SCENARIO (Rejection from 1.9720 - Range Reversal)
✔ Entry: Below 1.9700 after a strong bearish rejection candle
✔ Stop Loss: Above 1.9740 (Above liquidity grab)
✔ Take Profit Targets:
TP1: 1.9650 (Mid-range support)
TP2: 1.9600 (Key demand zone)
TP3: 1.9550 (Major swing low)
🎯 Risk-Reward Ratio (R:R): 1:3 to 1:5 (Strong reversal trade)
🎯 Confidence Level: ⭐⭐⭐⭐ (4/5) – Requires strong rejection at resistance.
📌 Execution Strategy:
Look for bearish engulfing or strong wick rejection on H1/H4.
Sell only if price struggles to break 1.9720 multiple times.
Final Thoughts (Institutional Approach)
📌 What I would do as an Institutional Trader:
✔ Priority: Buy above 1.9725 if it confirms a breakout.
✔ Alternative: Sell below 1.9700 if rejection is strong.
✔ NO TRADES if price remains choppy between 1.9700 - 1.9720.
🎯 HFT Trading System Integration:
🚀 This setup aligns with SMC, ICT, and Liquidity Engineering principles.
🚀 Our system will filter out low-quality setups and only trigger when all confluences align.
🔥 Conclusion:
➡ Primary bias: Bullish breakout above 1.9725 (Continuation play).
➡ Secondary bias: Bearish rejection below 1.9700 (Reversal trade).
➡ Waiting for confirmation – NO premature entries.
🚀 Trade smart & execute with precision! 🎯🔥
GBPAUD Retesting Resistance with a Potential for Price ReversalGBPAUD is currently trading at 1.981, with a target price set at 2.000, indicating a potential gain of over 200 pips. The market analysis is based on the support and resistance pattern, which suggests key price levels where the pair may react. Currently, the pair is in a retesting phase, meaning it is testing the resistance level after a previous breakout or price movement. This retesting phase helps confirm whether the resistance holds or breaks. If the resistance holds, it signals a potential reversal, leading to a price drop. Traders are advised to closely monitor this retesting period for confirmation before taking positions. A rejection at the resistance level could trigger a bearish move. Patience during this period is critical to avoid premature entries. This setup reflects a potential opportunity for experienced traders following technical analysis strategies.
Mon 27th Jan 2025 GBP/AUD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Buy. Enjoy the day all. Cheers. Jim
GBPAUD Long Analysis 26/01/2025I paid attention to GBPAUD on a HTF, it looked a bit choppy before but now it looks good.
Price went down to a perfect 1D demand area and started moving up and created a CHOCH.
Now that there is a change of character, I would look for an entry at the breaker block sitting at the 0.382 fib level I drew out on a smaller timeframe. I would only take entry based on how price reacts on that area on a LTF such as the 1-5m TF.
TP would be at the supply area I drew at the HTF 0.382 level I used the 1D chart for. Price might continue going up to where imbalance remains but I'd look for the right re-entry if I look for another trade.
GBPAUD: Significant Bullish BreakoutLet’s analyze the price action of 📈GBPAUD.
The pair initially experienced a sharp downward move on the daily chart. However, momentum weakened, and the price entered a narrow horizontal range.
After a period of consolidation, the price broke above the upper boundary of the range, signaling buyer strength and a potential shift in market sentiment.
I expect the pair to potentially climb toward 1.9833 in the near future.
GBPAUD: Bears Will Push Lower
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPAUD pair which is likely to be pushed down by the bears so we will sell!
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GBPAUD: Important Bullish Breakout Let's examine the price movement of 📈GBPAUD.
Initially, there was a significant downward movement on the daily chart.
Subsequently, the market lost momentum and the price began to trade within a tight horizontal range.
Following a period of consolidation, the upper boundary of the range was violated.
This indicates a show of strength from buyers and suggests a change of character.
I anticipate that the pair could potentially rise to 1.9833 in the near future.
GBP/AUD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.966 area.
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