GBPAUD trade ideas
GBPAUD LONGDaily Bias, Bullish
Fundamental GBP Bull AUD Bear
Price retrace back into H4 FVG and market slow down. Price have created a strong bullished push and form a FVG in M15 TF and caused a market structure shift.
Set a long trade at the FVG and targeting H4 Swing high with R:R 1:3
GBPAUD My Opinion! SELL!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9323
Bias - Bearish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9277
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPAUD: Growth & Bullish Continuation
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPAUD.
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Trading Signal for GBPAUD: BuyTraders,
Based on the analysis using the EASY Quantum Ai strategy, we have identified a buy opportunity for the GBPAUD currency pair.
Direction: Buy
Enter Price: 1.92316
Take Profit: 1.92621333
Stop Loss: 1.91861333
Justification:
1. Technical Indicators: Current technical indicators suggest a bullish trend for GBPAUD. The recent price pattern has broken through key resistance levels.
2. Market Sentiment: Positive economic data from the UK and a weaker AUD due to recent economic downturns in Australia are contributing to upward momentum.
3. Support and Resistance Levels: The pair has found solid support around the 1.9186 level and is poised to test higher resistance at around 1.9262.
4. EASY Quantum Ai Strategy: This AI-powered strategy has identified a strong buy signal based on historical price movements and predictive algorithms.
Stay cautious and manage your risk effectively. Happy trading!
Best,
Quantum Trading Team
GBPAUDI have marked 3 price reaction zones where a market turn can occur. It is currently in the first turning zone. However, I'm going to see if it still falls a little more between today and tomorrow and I can enter the second zone.
GBPAUD: Bearish Outlook ExplainedFollowing a downward breakout below a horizontal support level, GBPAUD began a corrective movement forming a bearish flag pattern on a short-term chart.
Upon reaching a previously broken support level, now resistance, the price faced strong rejection, leading to a drop below the support line of the flag pattern.
I believe that the market is likely to continue moving downwards. The next potential support level is at 1.9160.
For potential entry points, it may be worth considering a retest of the support level of the flag pattern.
Trading Signal for GBPAUDSell GBPAUD at Enter Price: 1.92051
Take Profit: 1.91395
Stop Loss: 1.9288
This signal is generated using the EASY Quantum Ai strategy. The current market analysis indicates a bearish trend for the GBPAUD currency pair. Multiple factors contributed to this forecast:
1. Technical Analysis: The recent price action shows a series of lower highs and lower lows, confirming a downtrend. Key indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest increasing bearish momentum.
2. Fundamental Analysis: Recent economic data releases from the UK indicate slowing growth, while Australia's economic indicators remain steady. This disparity strengthens the likelihood of GBP weakening against AUD.
3. Market Sentiment: There has been an increase in selling pressure for the GBPAUD pair, as observed in the order flow and volume analysis. Major financial institutions have also been showing a negative bias towards GBP.
4. EASY Quantum Ai Strategy: This sophisticated algorithm has identified a high-probability sell setup, considering both historical data and real-time market conditions.
Please enter the trade at 1.92051, set the take profit at 1.91395, and the stop loss at 1.9288. Remember to manage your risk appropriately and stay updated on any market changes. Happy trading!
Buy GBPAUD Triangle BreakoutThe GBP/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 1.9250.
Target Levels:
1st Resistance – 1.9333
2nd Resistance – 1.9380
Stop-Loss: To manage risk, place a stop-loss order below 1.9180. This helps limit potential losses if the price falls back unexpectedly.
Thank you.
DeGRAM | GBPAUD retest of supportGBPAUD is moving between trend lines under an ascending channel.
The chart has formed a pattern AB=CD.
The price has reached the support level, which coincides with the 88.6% retracement level of the last bullish impulse.
We think that the price will bounce after the support is retested.
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GBP/AUD LONGGBP/AUD LONG "break of structure + 72%fib retracement + demand area + 200 ema dynamic support"
GBPAUD SellGBPAUD is trading in bearish trend and pair has broken the strong support. Pair Retest the support and makes me expect a move down.
GBP/AUD BEARS ARE STRONG HERE|SHORT
Hello,Friends!
GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.906 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPAUD outlook before great newsThis morning (my city time) I woke up to analyze the market direction. As for the currency pair that is of interest this morning, it is inevitable that it is the Australian Dollar. There is interesting news forecasting economic numbers. It is a bit consistent with technical analysis. Wait to see the big surprise!
GBPAUDSELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 15m TF is recommended.
GBPAUD LONGGBPAUD has recently bounced from the weekly support and had printed the first HH , so its time to place buy stop over the HH.
GBPAUD LONGgbpaud , buy INSTNAT OR .... buy at any bullish indication of 15min or 1h, and place sl below the support zone as the chart is sync with the rsi ... so it will countinue its bullish momentum inshallaha
Opportunity to BUY GBPAUDI saw that there was a clear base ( RBR ) on GBPAUD, after the price rose on Friday last week.
The GBPAUD plan takes the BUY opportunity if the price enters the base. Look at the chart.
This plan is not a recommendation for making GBPAUD trading decisions, all profits and losses are not our responsibility.
Heading into 50% Fibonacci resistance?GBP/AUD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.92600
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 1.93471
Why we like it:
There is a pullback resistance level.
Take profit: 1.91575
Why we like it:
There is a pullback support level.
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GBPAUD 12/06/2024Weekly:
-Inverse H&S pattern.
-Bullish M pattern.
-IC.
Daily:
-M formation.
-Inverse H&S pattern.
-Bullish M pattern.
-IC acting as magnet for price.
4H:
-Price reacting on the OB.
GBPAUDBUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 15m TF is recommended.
GBPAUD potentially Bullish continuationFX:GBPAUD broke out of the consolidation phase and doing a retest at the moment, are we going to see a bullish continuation?
I will wait to see if the retest is concluded and a bullish confirmation candle before going in for a long. #GBPAUD just might deliver on a 1:2 RRR.
GBP/AUD Technical Analysis - 2H Chart Bearish Breakout PotentialHey traders, here’s the scoop on GBP/AUD:
The price is currently trading around $1.927190, just below the 21 EMA (yellow line at $1.927662), indicating potential bearish momentum.
The price is hovering near an upward trendline, which could act as support.
Key Levels:
Support: $1.924518, $1.916509
Resistance: $1.933674
Entry Strategy:
Short Position: Look for a pullback to the 21 EMA ($1.927662) and ensure a strong bearish candle closes below this level. That’s your potential entry point confirming bearish momentum.
🎯 Profit Targets:
Target 1: $1.924518
Target 2: $1.916509
Stop-Loss: Set your stop-loss just above $1.927662 to maintain a solid risk/reward ratio. This will protect you in case the market decides to turn bullish.
Monitor price action closely. Trade smart!
