AUDGBP is showing bearish momentum.AUDGBP may now take a pull back get down.
RESISTANCE is between 0.51301 and 0.51268
SUPPORT is between 0.51117 and 0.51093
Enter immediately.
TAKE PROFIT :- 0.51120
STOP-LOSS :- 0.51310
AUDGBP trade ideas
GBPAUD - Technical Analysis [Short Setup]🔹 GBPAUD Analysis on 1HR chart
- The current Trend is Bearish
- 3rd support break, buy immediate
🔹 Trade Plan
- Entry Level = current
- Stop Loss = 1.95827
- TP1 = 1.94481
- TP2 = 1.95089
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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GBPAUD is BearishPrice was in a strong uptrend, however the bearish divergence emergence on four hourly indicates the control of bears, which if further affirmed by the break of previous higher low. If the current momentum sustains then we can expect further slide in price as per Dow theory. Targets are mentioned on the chart.
GBPAUD 4H Chart Analysis – Targeting Bullish MomentumWe’re looking at the GBPAUD 4H chart, where a fresh BUY signal has been triggered, signaling potential upside movement.
Key Observations:
- BUY Signal: A BUY signal was generated at 1.95551, suggesting a potential reversal and an opportunity for a bullish move.
- TP Zone: The identified Take Profit (TP) zone ranges from 1.96055 to 1.96544, offering a potential gain of around 50 to 100 pips from the entry point, making this setup an attractive target.
- Market Structure: Price action is currently holding above key support levels, and the market structure indicates a weakening of the bearish trend, favoring a possible move towards the TP zone.
Trading Plan:
- Bullish Scenario: If the price continues its upward momentum as expected, aiming for the TP zone between 1.96055 and 1.96544 could present a solid return. Watch for additional confirmations as the price moves closer to these levels.
- Risk Management: Adjust positions and strategies as new signals develop, allowing for flexibility to respond to market fluctuations. Keep monitoring the price action and adapt your exit points accordingly.
Important Note: This is a trade idea. Make sure to perform your own analysis to ensure it fits your risk tolerance and strategy.
Stay alert and trade smart!
GBPAUD: Bullish Imbalance and CHoCH 🇬🇧🇦🇺
GBPAUD has a nice potential to continue growing
after a test of a significant daily horizontal support.
I see a strong bullish imbalance on an hourly time frame
and a confirmed change of character.
The price will most likely reach 1.9598
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gbpaud buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade...(Update this signal)
GBP/AUD BEARISH SETUP ON 2-HOUR TIMEFRAME.....GBP/AUD is moving in a downtrend, with lower lows (LL) and lower highs (LH). This is a break-and-retest setup. We can use the break-and-retest setup to anticipate the next move. We should analyze the chart using trend analysis and also apply Fibonacci retracement to this setup.
GBPAUD longHere is why:
- On the 3 month timeframe, price has formed mini higher highs indicating that price is headed upwards. My targets for this timeframe are 2.03700
- On the daily, if you zoom in on yesterday's candlestick, you can see that price broke a high. Moreover, 1.9650 is a very strong liquidity area. Price attempted to break that area but was unable. We see that Monday's candle collected some orders to push higher but they were not enough to take the pair further. Hence, why we see this sudden rush of bearish momentum.
- Price is currently looking for areas to collect orders from and I spectate that it will do that at the 1.9450 region (which is a weekly level and a major 4 hour liquidity level)
- I am sitting on my hands as I wait for a bullish setup before I enter the markets
GBPAUD consolidation has ended!!After several days of indecision on GBPAUD, finally, the price broke the resistance and the bullish engulfing candle closed above the resistance. It could indicate that buyers are taking over the momentum of the sellers.
I put the limit order at 1.96304 area if the price retests and rides the bullish momentum.
Buying GBPAUD as shownWe have taken sell side liquidity and headed up above the 50% of the swing. Price is now retracing to the OB on the higher time frame gearing for a strong move to take buyside liquidity. I believe it will continue bullish after this retracement down.
GBP-AUD Potential Long! Buy!
Hello,Traders!
GBP-AUD is going down
Now but the pair will soon
Hit a horizontal support
Level of 1.9512 from
Where we will be expecting
A local bullish rebound
Buy!
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Check out other forecasts below too!
45 Pip TradePrice went lower to grab Daily volume,
CPI News gave price the opportunity to shake off sellers,
Indeed it pumped up off the daily volume and went to a opposite 4hrOB,
Sold off rest of day.
GBPAUD possible rebound: Watch for 1.943The GBPAUD currency pair is expected to rebound if it approaches the key level of approximately 1.943. Should this level hold, a plausible short-term target for the pair could be 1.962.
GBP/AUD LONGGBP/AUD LONG " break of structure + 72% fib retracement + demand area + 50 ema dynamic support"
GBPAUD buy for Wednesday onlyThis would be an over extended move into the level and could see profit taking. I will buy on Wednesday only. Would need to reconfirm on Thursday.
GA shortAs the market completes a ABC pullback, we await to see whether we will continue the upside or prepare for a short.
GBPAUD SHORT SQUEEZE DEVELOPING (TO THE POINT)In this video, I dive deeper into the dynamics of a potential short squeeze on the GBPAUD pair and discuss the risk management strategy for this trade. I break down how the squeeze could unfold and how to manage the risks involved effectively. At the current price, the trade offers an attractive 1.89% value with the potential to hit over 4%, making it a great deal. This video is all about balancing the opportunity with smart risk control to maximize gains.
WHATS FLOWING: CASH GRAB SQUEEZE DEVELOPING IN GBPAUD (??)OANDA:GBPAUD
In this video, I initially pointed out an obvious short trade setup but quickly noticed something more interesting developing. The market seemed poised to move short from a higher price level above the current market price. Given GBP's reputation for aggressive movements, there's a potential for the market to blow through these levels. I pose the question of whether a short squeeze is developing, specifically around the 1.97142 level, with a potential target as high as 2.04430. With bullish order flow entering the market since last night, this could be a prime opportunity for a near-term quick cash grab. Keep an eye on these levels as the squeeze unfolds.
GBPAUD Bullish TrendAfter deceiving people, the price registered a fake breakout at the top of the trend, and then after removing the stop-losses, it quickly entered its downward position, and now it has trapped many people, and now it is time to climb.
11.09.24 Morning ForecastPairs on Watch -
EURUSD
GBPAUD
GBPJPY
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Trendline BreakoutWe can a see a trendline breakout of a correction and this shows a continuation of a bullish move
GBPAUD: Short Signal Explained
GBPAUD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPAUD
Entry - 1.9640
Stop - 1.9703
Take - 1.9525
Our Risk - 1%
Start protection of your profits from lower levels
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GBP/AUD 4H Chart Analysis: Potential Bullish Continuation
Pre High: The "Pre High" level is marked as a resistance point that the price previously reached. This level is significant as it acts as a reference for potential reversals or breakouts.
FVG (Fair Value Gap): The highlighted FVG indicates an imbalance or gap between the bullish and bearish orders. This often acts as a magnet for price to fill or at least partially fill the gap, creating a potential area of interest for a trade entry.
Support: The support level is marked slightly below the FVG and Pre High. This level has shown some hold in price, indicating buying interest. If the price continues to hold above this level, it suggests strength and a potential move higher.
Potential Move: The green arrow suggests a bullish move expectation from the current support level. If the price respects the support and continues to show buying pressure, the next target could be the previous highs or new resistance levels above.
