GBPAUD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
GBPAUD trade ideas
GBPAUD buy set upThis set up looks promising, risk to reward looks great on a buy position, stop loss and take profit are the screenshot
Good luck!
GBPAUD: Curve AnalysisBEARS:
Based on the disparity in economic data between the UK and Australia, it indicates a potential decrease in the value of the Pound in relation to the Aussie Dollar.
If the sentiment has been oversold since June 10, 2024, it could indicate a possible correction, which would counter the downtrend and move towards the upside.
BULLS:
This analysis suggests that there are positive indicators pointing towards a possible recovery of GBP on the 1-day timeframe. However, it is important to note that this will only hold true if the Price Action closes above 1.8975.
If we observe an uptrend, it is likely that Price Action will revert back to the downtrend starting from the Resistance (Proximal) @ 1.9006 or slightly above at the Resistance (Distal) @ 1.9058.
SUMMARY
Based on the resistance levels, it is expected that the price action will continue to decline and reach the demand level around 1.8638.
GBP_AUD LONG FROM SUPPORT|
✅GBP_AUD has been falling recently
And the pair seems locally oversold
So as the pair is approaching a horizontal support of 1.8920
Price growth is to be expected
LONG🚀
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1:2 RRR GBPAUD sell trade1 day resistance retest
4 hr immediate uptrend to breakout
4 hr rising wedge to break
4hr RSI Divergence
sell, sell, sell
GA - Short I can see that the market still has a downside to complete - using the asian session strategy combined with the Elliot wave strategy to analyse the market structure - we can start looking for buys once it reaches my 4hr low highlighted in purple horizontal line.
GBP/AUD Full Analysis , The Best Area To Buy Very Clear Here !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.
SELL GBPAUD for downtrend continuation STOP LOSS : 1.9116SELL GBPAUD for downtrend continuation
STOP LOSS : 1.9116
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
GBPAUD: Possible reversal near the red zoneGBPUSD: Possible reversal near the red zone
From our previous structure analysis, the price reacted very well and tested the 1.8960 area after a long time.
On the left side of the structure, it is observed that the price has reacted well in the past.
Chances are that once the GBPAUD develops more to show more clarity, we may see the price rising again as shown on the chart.
PS: it is not ready yet
You may find more details in the chart!
Thank you and Good Luck!
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Previous analysis:
GBPAUD new buying opportunity after Aussie CPIIdea No : 16
12 out of last 15 ideas were successful and 3 still running, here is the 16th
GBPAUD falls sharply after Aussie CPI numbers this morning but it looks like there are barriers below
with recently broken above key trendline and currently testing it
expect a sharp reaction here to the upside and price should follow green arrow soon
let's see...
GBP/AUD Poised for Bullish Rebound: Technical Strategic InsightsLast week, the GBP/AUD currency pair mirrored the movement of the GBP/USD main pair, experiencing a notable rebound around the 1.9000 demand area. This area has proven to be a significant support level, reinforced by the stochastic indicator on the H8 timeframe plus a bullish divergence, which shows an oversold condition. This technical signal aligns with the 78.6% Fibonacci retracement level, where the price reacted with a strong bullish candle, indicating a potential upward momentum.
The price is currently situated in a discount area, making it an attractive opportunity for a long position. Using a Supply & Demand strategy, we aim to capitalize on this potential bullish impulse. The confluence of technical indicators and the historical behavior of the price at this level support our long setup strategy.
Given these factors, we are looking to enter a long position, anticipating that the GBP/AUD pair will continue its upward trajectory. This strategic approach leverages the robust demand area, the oversold condition indicated by the stochastic, and the significant Fibonacci level, creating a compelling case for a bullish rebound.
GBPAUD to find sellers at previous support?GBPAUD - 24h expiry
The medium term bias remains bearish.
The sequence for trading is lower lows and highs.
A higher correction is expected.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 1.9150.
We look to Sell at 1.9150 (stop at 1.9200)
Our profit targets will be 1.9030 and 1.9000
Resistance: 1.9150 / 1.9200 / 1.9250
Support: 1.9050 / 1.9000 / 1.8950
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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GBP/AUD Daily AnalysisPrice has broken support at 1.9110 and has the potential to reject the zone and push down to test the next support level at 1.8900. If price closes back above 1.9110 on the daily, then we may be seeing a false break.
GBP-AUD Risky Short! Sell!
Hello,Traders!
GBP-AUD surged up
Sharply and the pair is
Locally oversold so as the
Pair is now retesting the
Horizontal resistance level
Of 1.9113 we will be
Expecting a local
Bearish correction
Sell!
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GBPAUD I Potential short from resistance Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPAUD 1H buy setup hello dear trader and investors
gbpaud ready for next move
i am thinking it is easy hit 1.9200 on fibou 0.618
price retested supourt zone
stop loss need for any position
good luck
Forex Signal Alert: GBPAUD Buy RecommendationDirection: Buy
Enter Price: 1.90313
Take Profit: 1.90676
Stop Loss: 1.89759
We are currently recommending a Buy position on the GBPAUD currency pair based on our advanced predictive analytics model, EASY Quantum Ai. Several factors contribute to this forecast:
1. Technical Analysis : The recent price movement for GBPAUD has formed a bullish pattern, indicating potential upward momentum. Key indicators such as Moving Averages and Relative Strength Index (RSI) also support a bullish trend with less resistance.
2. Fundamental Analysis : Recent economic data from the UK reflects positive growth, including better-than-expected GDP growth and favorable employment figures. On the other hand, Australia's economy shows signs of slowing down, with weaker commodity prices influencing its trade balance negatively.
3. Market Sentiment : Sentiment analysis from market participants suggests increased optimism towards the British Pound, reflected in the increased open interest in buy positions.
4. Risk Management : Setting the Stop Loss at 1.89759 and the Take Profit at 1.90676 allows traders to manage risk effectively while capturing potential gains from the upward movement.
This recommendation is derived from the EASY Quantum Ai strategy, which combines advanced algorithms and real-time data to provide accurate trading signals. Follow this signal closely and adjust your positions accordingly for optimal results.
Stay vigilant, and may your trades be profitable!
*End of Signal*
GBPAUD - Bullish TrendThe price in Advancing phase has made bullish rectangle continuation pattern.
At breakout of rectangle, buyers will remain in control.
No bearish divergence is observed.
GBPAUD - 4hrs ( Buy Trade Target Range 180 PIP ) ☑Pair Name : GBP/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
✔️Bullish Break
1.90450 Area
Reasons
- Major Turn level / D
- visible Range Hvn
- Pattern Lower Band
- Inner Trend break
- Counter Trend Line
- Inner Choch Area
✔️Bearish Reversal
1.92500 Area
Reasons
- mjaor Turn level / W
- Pattern Upper Band
- Quarters Zone
- Fixed range Lvn
- Fibo Golden Zone
GBPAUD: Bullish Continuation & Long Signal
GBPAUD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPAUD
Entry - 1.9050
Stop - 1.8990
Take - 1.9159
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD SELLWaiting for the market to break the area stated on the chart to enter the sell from last week
