GBPAUD..BUYThe price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.91512 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the GBP and AUD exchange ratesLongby ForexCSPUpdated 2
GBP AUD key levels moving forwardHi Guys, The GBP AUD pair has been heading south recently and presents some nice trading opportunities either way price moves from the current level. On the chart ( sorry about the messy look) the large red box contains what could be very strong resistance. Looking left on the chart that zone is a very key level as price has had some huge moves from there in the past. It also is the last support before the most recent high. The zone also contains the 50 MA 200 MA and AVWAP from the most recent high and the high from 8/23. The thick red line is the AVWAP from 8/23 and Ive highlighted that because as can be clearly seen with the black circled areas this AVWAP has acted as resistance firstly and then support on numerous occasions so there is a high likelihood that price will find resistance if it pulls back to this AVWAP again. The black line, is the AVWAP from most recent high and along with the 50MA served as resistance on the 30 April and 1 May candles. With the 200 MA now in the same cluster that should present formidable resistance if price pulls back to the zone. The smaller red box above would serve as next resistance should price break through the first red box. If price heads further down into the green box/ zone then a pullback from there back to the red box would result in a pullback to the golden fib zone between 0.5 and 0.618 retracement. Entry using lower time frames could present some nice risk to reward trades. The green highlighted box is obvious support area and contains daily order block. There is also a bat harmonic pattern forming with 0.86 entry level just short of the zone. In all likelihood the entry level will be a bit more than the recommended 0.86 but so long as we dont break the low that should be fine with a stop just below the low. As with the resistance zones lower time frame entries using candlestick or chart patterns or price action choch BOS etc could present some nice trading opportunities. Safe Trading all by elyask120Updated 0
GBPAUD sellNOT financial advice anticipating a fall of the pound against the australian dollar weekly RSI is on free fall by njauKENYA1
GBP-AUD Will Keep Falling! Sell! Hello,Traders! GBP-AUD is trading in a Downtrend and the pair Is making a pullback from The horizontal resistance Of 1.905 and we will Be expecting a further Move down and a retest Of the support level below At around 1.891 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals112
Gbpaud sellThis pair is been bear market for quite awhile now, as we see, we are in an accumulation phase, to be more sure, wait for a breakout of the box. Lls and Lhs.Shortby Guineafx224442
GBPAUD trading idea elliott wave ABCDE wave triangleAfter multiple timeframe analysis GBPAUD ABCDE triangle wave sell short GBPAUD idea 2 ideas: -mid term -long term multiple TP extra TP 1.90529 TP 1.89180 TP 1.87540Shortby Ninjia_KittyUpdated 118
GBPAUD watch it climbing upGBPAUD might keep moving up during nyc session today so be ready to hunt.Longby The_Pine_CoderUpdated 3
GBPAUDChecklist: - Monthly, Weekly & Daily: Downtrend - Price coming from strong Monthly trend line - Price breakdown of 200EMA on the Daily TimeframeShortby Curiousnikko1
11/6/2023GBPAUD is forming a bullish structure with upward breaks between 1.89801 and 1.9000. The market, currently at a low point, shows strong reactions with long wicks. I'm waiting for a lower timeframe break at around 1.90242 to clear recent imbalances before expecting a move Please be advised that these trade ideas are intended solely for educational purposes and should not be regarded as financial advice Longby richard925Updated 115
GBPAUD buyTrading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.😉😉Longby Yuka_Trader112
GBPAUDPrice is currently ranging in accumulation, however it will break the structure lower or higher, hopefully this might break upside Longby Mntungwa874
GBP/AUD First Entry +100 Pips 0 Drawdown, Second Entry 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.Long00:57by FX_Elite_Club8
GBPAUD iin the box right now, but could be interesting later onEASYMARKETS:GBPAUD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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.03:07by easyMarkets1
GBPAUD 4HGBPAUD 4H R:R = 2.5 RBR ZONE : This zone is calculated by supply and demand method Longby amirprvf0
GBPAUD - Near Weekly Support areaHello, i am expecting Price bounce from weekly support area also RSI is over showing me already in over sold area, all other details you can found on the chart, thanksLongby kashifone1Updated 2
GBPAUD 1H Long Trade - 1:6 RRRSL: 1.89085 TP: 1.93120 In this trading strategy, we present a compelling opportunity for a long position on the GBPAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:6. Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.Longby panjikadarUpdated 2
GBPAUD - Look for a short ✅Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement and then to reject from trendline + liquidity zone + FIBO 0.5. Fundamental news: Tomorrow (GMT+3) we will see results of Unemployment Rate on AUD, news with high impact on currency. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD9
GBPAUD potential shortGBPAUD market sentiment is very bullish, so bearish potential, and the daily trendline may break on the downside. Otherwise, fundamentally, Australia's economy is stronger than the UK's, and Australia will keep its interest rate higher for longer. Shortby Metow1sw2
Gbpaud H1 Bullish Forecast ✍️Sell side liquidity taken 2 times now we can expect bullish move our target Buy side liquidity (last swing high) ✅Longby ForexProAcademy1Updated 7
GBPAUD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran903
GbpAud BuyHi friends, entry points marked with green line. Do not forget to manage capital and risk. Good luckLongby Trade_TX3
GBPAUD Short Term Sell IdeaH1 - Bearish trend pattern followed by a flat correction in the form of a range. A valid breakout below the bottom of the range would be the validation for this short term bearish view. Alternatively if we get a valid breakout above the top of this range then this bearish view will be invalidated.Shortby VladimirRibakov1