GBPAUDThis Weekly FORECAST Opportunity for GBPAUD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
GBPAUD Continuation of the previous post… All I that is required is patience … And I think everyone needs more patience. Anyways trust the process Clear your mind and cut distractions That way you will find your rhythm.by colefx0
BULLISH MOVEMENT!If price continues to respect this zone(support), waitinfmg for confirmations to enter to continue bullish!Longby KJfx92332
Lingrid | GBPAUD double TOP at RESISTANCE zone. Short FX:GBPAUD recently broke out of a range, only to fall back into the resistance zone and bounce off it. This double top pattern suggests that the bulls' attempt to push the price higher was unsuccessful. With the overall market showing a bearish trend on the daily timeframe, marked by lower lows and lower closes, I believe the price is likely to continue its downward momentum. Currently, the pair is trading just below the psychological level of 1.92000, which I expect to serve as a strong resistance. I expect a rebound from this level, followed by a bearish move as the bears take control. My target is the support level 1.90910 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid5514
GBPAUD longWeekly; Price closed above a major support region (1.9100) and retested it last week Price is therefore showing bullish momentum to the next region of 1.9290 Daily; Price closed above 1.9100 which is major liquidity region The next major liquidity region is 1.9290 Price has already collected orders from 1.9100 and I believe that it is headed to 1.9290 4 hour; Price formed a three pin pattern on the 1.9100 region as well as a double bottom The closest target is the -27.00 of the fib which is 1.9209 My best entry would be if price closes above 1.9175 and retests the region Longby kingmwenja2
GBPAUDWaiting for a pullback on GA. Planning to sell GA from first resistance zone which I marked in box. Use proper risk management. Thank youShortby joelkurien1
Bearish drop?GBP/AUD has reacted off the pivot and could potentially drop to the 1st support which has been identified as an overlap support. Pivot: 1.91692 1st Support: 1.90355 1st Resistance: 1.92457 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
GBPAUD SHORTPrice Action Day Trading Daily Bias Bearish. POI - Price broken out of a consolidation. Going down to the H1 TF, Setting a short trade at the broken support level with a SL above the swing high in H1. Targeting Daily Swing Low R:R 1:5 Risk not more than 1% each trade. Shortby royschen070
GBPAUD Lets see how price react in this zone, seem to be a very potential zone for buying, let price run liquidity first Longby Mntungwa876
GBPAUD Trade Setup: Bearish ChannelGBPAUD has piqued my interest from a mid to long-term perspective. I'm looking at two potential shorting opportunities: Key Levels: - Short Entry on Resistance Retest: 1.9212 - Bearish Channel Indication: As long as this channel isn't violated, it strengthens the bearish bias. I'll be looking for shorting opportunities on both the 4-hourly and 1-hourly charts based on these indications. What's your trade plan for GBPAUD? Comment down below and share your thoughts! Happy trading!Shortby RaynLim1
POSSIBLE SHORT ON GBPAUDprice currently on a downtrend market structure on the daily timeframe, broke last support and currently retesting it, which align with fib 61.8 level more confluence for a swing short down, the current structure on the 4hrs and 1hr now together with the daily timeframe, also we see a formation of head and shoulder on daily , 4hrs and currently retested 1hr neckline on the TimeframeShortby benwillams2010
GBPAUD long outlookon this trade am looking to go long. why because the market structure is bullish on the 4h timeframe. Will wait for extra confirmations on the ltf once market tap into my demand zoneLongby oskarmini112
BULLS TAKING CHARGEFrom our point of view, the market is done with a flat correction on a lower degree, therefore we're expecting an impulse continuation to the upside as the map stipulates. Until then, we're looking upside with the GBPAUD for a long long time. Elliott Wave helps us to be miles ahead of the other technical and fundamental traders.Longby Evaristos4
Trade Like A Sniper - Episode 12 - GBPAUD - (1st June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing GBPAUD, starting from the 12-Month chart. - R2FEducation10:39by Road_2_Funded1
GBPAUD forecastThe Bank of England (BoE) has been maintaining a restrictive monetary policy stance with the Bank Rate currently at 5.25%. This policy aims to bring inflation down to the target of 2% sustainably over the medium term. Despite a significant decrease in inflation from its peak, the BoE remains cautious and indicates that monetary policy needs to remain restrictive until inflationary pressures are fully under control. However, recent economic forecasts suggest that the BoE might begin cutting interest rates as early as June 2024. This expectation arises from the rapid decline in inflation and the UK's economic struggle, necessitating a potential loosening of monetary policy to support economic growth . The Reserve Bank of Australia (RBA) has kept its cash rate at 4.10% and has been cautious about further rate hikes, emphasizing data dependency in its decisions. The RBA aims to manage inflation while considering the economic impact of higher interest rates on growth and employment. by Nepalkoraja111
GBP AUD - Short IdeaOn 1H forming a bearish divergence and kinda look like a double top. Will trigger my sell stop on break of the neckline. Entry, SL and TP's all mentioned in the chart. Good LuckShortby BullBearBTC1Updated 191917
GBPAUD - Follow The Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPAUD has been overall bearish , trading within the falling channel in red. At present, GBPAUD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper red trendline. 📚 As per my trading style: As #GBPAUD approaches the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst5514
GBPAUD: Structure Analysis - ShortGBPAUD: Structure Analysis - Short The price is testing a strong structure zone. If we are going to look at the left side of the structure we can see the GBP/AUD is already testing a strong zone. On the past this area acted as a strong support and now it should act as a strong resistance zone and can push the price down. This area can do the opposite things of what it did in the past. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuniUpdated 2225
GBPAUD PRINTING REVERSAL GBPAUD printing double top on 4H time frame with bearish divergence it clearlly indicate its reversal so my trade plane in chart Shortby rizwanahmed06031
GBPAUD longs Previous week showed us a lot of bullish momentum Price closed above a major weekly support level @1.9105 Hence, more bullish momentum was expected this week, and we are getting that It retested a major daily region @1.9200 and formed a candlestick that closed above it. Price has retested that same level today and shown a lot of bullish momentum. I am waiting to buy. If I am to buy the pair, I will wait for price to test 1.9200 and form a bullish setup on smaller timeframes. My targets are: TP1 - 1.9260 and TP2 - 1.9290 Longby kingmwenja4
GBPAUD Will Go Lower! Sell! Take a look at our analysis for GBPAUD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 1.916. Considering the today's price action, probabilities will be high to see a movement to 1.904. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
GBP/AUD BEST PLACE TO BUY FROM|LONG Hello,Friends! GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 2H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.922 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignalsUpdated 114
Potential BUll ADEAAs it stands, In a daily Time Frame, the market seems to be in a wave 2 correction of the smaller degree, on what seems to be a combination correction. We can be looking to go upstairs but a good confluence comes as there will be a break out of the upper resistance channel (The 1x line). Currently the price is in a correction on the 4th wave of the smaller degree and printing what looks like a triangle correction. We keep looking for clear break out, and more confluence as the market opens up. This is our idea for this pair in a long term say in weeks and even months. It's uptrend Longby Evaristos2