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Australian Dollar/British Pound

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AUDGBP trade ideas

GBPAUD-No Clear DirectionIn the previous sessions the pair was under volatility move. After breaking the previous low gving confirmation of downtrend. Currently the pair is consolidaing giving no clear direction of where the pair is headed. Support and resistance is marked on the chart. But as per my analysis the the consolidation will break down as it is bearish rectangle formation. Trade plan: Bearish bias is expected in the pair but have to wait for conformation before any trade can be triggered. Short position can be taken after S2 is broken while long position can be taken after breaking the R2 resistance.
Short
by kiki_crypto
GBPAUD ANALYSISLorem ipsum dolor sit amet. Ex quibusdam assumenda sit cupiditate recusandae quo maxime dolores At magni asperiores quo corrupti corrupti ut quia dolores ut voluptatem iusto. Aut officia atque id possimus voluptate aut veritatis ducimus. In dignissimos incidunt sit internos quos qui nesciunt voluptatibus sit molestiae doloribus ut eius quas et deserunt sunt. Qui amet voluptatibus qui laudantium aperiam qui ipsam quos et sapiente dolores non molestias expedita id galisum rerum qui similique aspernatur.
Long
by Robin_2002
GBPAUD Possible Short Position BBMA OA ReEntry Zone Zero Loss1D - Re-Entry 4H - 50 EMA Rejection + Bollinger Band Rejection 1H - Entry in MAHI Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 1D and wait for possible reentry again * 1:3 RRR * TAYOR *monitoring for 2 weeks A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
Short
by GreggiBond
GBP/AUD is going to drop around 1.93(8/16/2024)After completing a 5-wave EW impulse pattern, GBP/AUD correction has been started around the 2.00 zone. since then the price dropped until reached 1.933 where the previous resistance exists (which made it into support after breaking). Yesterday, after releasing good fundamental data from AUD, the price started to drop again from 1.94100. We believe the price will be going to make a new low and eventually reach 1.93. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Short
by fortunamarkets
GBPAUD Possible Long Position BBMA OA Reentry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - CSAK + Entry in MALO Note: * Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H and wait for for another POSSIBLE entry * 1:3 RRR * TAYOR ** wait for BB Low Touch in H1 A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
Long
by GreggiBond