GBPAUD UPDATESo GA has climbed another 160pips + And taken out take profit 2... This set up is also completed in my eyes. But for banter I will keep my eyes on it and expect it to hit TP3. This was a fun set up.Longby colefx1
GBPAUD - SHORTBearish Divergence Formed Entry from 0.5 FIB // 0.5% Risk //Strategy 1Shortby piscesred5Updated 2
gbpaud analysis elliot. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade Shortby wavesscoutforex112
GBPAUD Bank Bullish Robbery plan To make moneyMy Dear Robbers / Traders, This is our master plan to Heist GBPAUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing Low using 3h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.Longby Thief_TraderUpdated 4
Long trade RR 9.65 Buyside 30min TF Entry 1.92894 Profit level 1.94341 (0.75%) Stop level 1.92744 (0.15%)Longby davidjulien369Updated 2
BULLISH CONTINUATIONPrice is in an up trend as it was shown from our previous posts, we think that we are done with wave 3 and now entering the wave 4 correction as per the Elliott Wave Guidelines. Let's expect a little pull back and there after proceed with the up movement. For another entry to join the movement, we wait and confirm as to what kind of structure is the correction, we're expecting a Simple Zig Zag as a variation. Nothing is confirmed yet, we wait for the market to unfold.Longby Evaristos4
Could this be a potential trap for bears?? If we look at the chart we are seeing a potential trap for those who are already selling. The pattern seems like to be building momentum for a bullish continuation trend to the upside. Remember if we look at the chart the long term trend is bullish .I believe maybe we might see a continuation of the bullish bias. The only time I'm only willing to sell is when the price breaks below my marked demand zone. If my demand zone is broken that would likely see a very strong bearish trend but as it stands buyers are still in control. Longby Angelos_Trader777
GBPAUD - Waiting for more confirmations to shortTaking a look at the daily timeframe, I'm still not convinced now is the time to sell. But in the event price action does close below the previous candle on the daily tf, I'll then look for a possible sell. My idea is chalked up on the chart of what I'm looking for. If this doesn't happen - no trade. Please note that this is not a complete trade plan, this is just some prep work Shortby Michael_Harding8
GBPAUD BUY 15 MIN TIMEFRAMEOverall trend is an uptrend. Candlestick trend break of structure to upside now. Expecting liquidity grab and entry at demand zone (1.92690). Targeting supply zone that has left a big imbalance (1.93430)Longby BHSDMV114
GBPAUD 15Intraday Rebound: The RSI is above 50 so I think price may rise towards 1.93400 Longby vbenking911
GBPAUD ShortThe overall trend for this pair is actually on the bullish side but currently looking out for some day trading short opportunities, entries possibilities represented by those two lines drawn in green. This is not a financial advice to anyone, this is just my take on this particular pair.Shortby Pleazant-fx2
GBP/AUD FORECASTWith excessive number of pairs to analyse miss outs such as these are normal. We have been anticipating a market turn around at the last pip however we have missed our entry. We may still sell this pair at market execution SL at own risk TP at 1.90700 Please be advised that our markets forecast a merely a forecast of what may be anticipated in the market and do not guarantee any success in trading. Trade with caution and use proper risk management.Shortby PIP-LEDGER0
GBP/AUD Giving Amazing Bearish P.A , Short Setup Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Short01:24by FX_Elite_Club4
GBPAUD FLEXES MUSCLES...Here we can simply see that bulls have taken over. We are currently riding the market higher... So far we have already made huge gains on this pair. But we will wait for take profit 2 and 3 to be taken out. Take profit 1 gave us 168 pips. So far so good.by colefx1
Bearish Momentum on GBPAUDDue to Strong AUD Employment change together with the Rejection we see on the Third touch of a Resistance Trendline on our Daily Time Frame, we might see a drop on these pair. The Claimant Count Change Actual Results on GBP also affected GBP against AUD. We can drop to 50% of the range or to the nearest Demand zone.Shortby kgampetebogo223
GBPAUD Simple Trade Plans For This WeekGBPAUDs rally post UK elections / Hawkish RBA has brought us a considerable retracement to create another lower high. BOE looks like easing may come relatively soon, much sooner than Aus. Likely short side entries may come into markets as traders pull gains off the table amid current market sentiment (long term). Shorts preferred.Shortby WillSebastianUpdated 4
Potential bearish drop?GBP/AUD has reacted off the pivot and could drop to the pullback support. Pivot: 1.93431 1st Support: 1.92473 1st Resistance: 1.93909 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets8
Waiting for a third touch and bearish confirmation(short)Price is trending in a downtrend channel, correcting from a previous bearish impulse but recently price retraced and extended above last week high, but this week looks really volatile with high impact news for the AUD ,price could extend upwards but if a bearish confirmation aligns with a suitable confirmation candle and structure near price (1.92548) and possible retest opportunity after a double or triple top confirmation on the lower timeframes, stop loss to be set 380 pips away (1.92927), price could respect the channel and carry on with a downtrend.by KhoraCapitalUpdated 1
Long GBP/AUD: A Strong Case1. Diverging Monetary Policies: Bank of England (BoE) stance: If the BoE maintains a hawkish monetary policy, signaling potential interest rate hikes to combat inflation, it could strengthen the GBP. Reserve Bank of Australia (RBA) stance: Conversely, if the RBA adopts a more dovish approach, signaling potential interest rate cuts or a pause in tightening, it could weaken the AUD. Interest rate differentials: A widening interest rate differential between the UK and Australia can typically favor the GBP. 2. Economic Performance: UK economic resilience: If the UK economy demonstrates resilience in the face of challenges like inflation and geopolitical uncertainties, it could boost investor confidence in the GBP. Australian economic slowdown: If Australia's economy shows signs of weakening, such as declining GDP growth or deteriorating employment figures, it could negatively impact the AUD. 3. Geopolitical Factors: Global risk appetite: A decline in global risk aversion can benefit the GBP, as it's often perceived as a risk-on currency. Brexit developments: Positive developments in UK-EU relations or progress in trade deals could bolster the GBP. Geopolitical tensions: Escalating geopolitical tensions involving major trading partners of Australia could negatively impact the AUD. 4. Commodity Prices: Commodity price fluctuations: Australia's economy is heavily reliant on commodity exports. A decline in commodity prices, particularly iron ore and coal, could weaken the AUD.Longby FtradeFXArabicUpdated 3
GBPAUD - In bullish trend and playing hidden divergenceGBPAUD is in bullish trend. Analysed the chart on 1H time frame on the basis of bullish hidden divergence. Once spotted, placed a vertical marker on that candle and switched time frame to 15m and spotted the suitable opportunity for entry. The RR is 1% with TP set to 1:3. The Signal is: EP: 1.93445 SL: 1.93154 TP: 1.94322 (1:3) RR: 1% Lots: 0.45Longby MuhammadArif0391