Get started

British Pound / Australian Dollar

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPAUD trade ideas

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 👩‍💻
Short
by Lingrid
5
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
Long
by kingmwenja
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.
Short
by ICmarkets
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!
Short
by RaynLim
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. - R2F
Education
by Road_2_Funded
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 Nepalkoraja
1
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! ~Rich
by TheSignalyst
5
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❤️
Short
by KlejdiCuni
2
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
Long
by kingmwenja
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!
Short
by SignalProvider
1
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
Long
by Evaristos