GBPAUD IS NOW BULLS CALLING1. PSTG 1 TO BE hit
2. PSTG 2 TO BE hit
3. Market did retest on the zone i predicted that it is going retest at.
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GBPAUD trade ideas
gbp/aud long tradeBased on technical knowledge and observation of the market trend and candlesticks of the chart, we expect that the mentioned chart will move in this way.at 9 may 2024 we have interst rate of BOE .. so becareful
GBPAUD BULLS ARE HERE TO PLAYConfluences for a bullish bias
1. a clean consolidation zone
2. a raid on stops on the sell side
3. a break of structure
4. a retracement beyond 0.702 fib retracement
5. a clear order block for entry
GBPAUD POSSIBLE SELL SCENARIO IN H4 TIMEFRAME Price is currently rising to the area we identified as our sell entry at 1.91228 which is a pullback resistance that lines in gap with 50% fibo retrace level. Our target is 1.89295 (weekly low ) and stop loss is placed at 1.89295
the price is trading below the Ichimoku cloud GBPAUD SHORTThe sell zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading below the Ichimoku cloud, which is a good sign of bearish momentum. Let's see how this plays out.
Potential Trade Opportunity:
Currency Pair: GBP/AUD
Position: Short
Risk to Reward Ratio: 3R
Trade Parameters:
Entry Point: 1.89692
Stop Loss: 1.89802
Take Profit: 1.89354
Disclaimer:
This trade signal is provided for informational purposes only and does not constitute financial advice. Trading in the forex market involves substantial risk, and past performance is not necessarily indicative of future results. The provided entry, stop loss, and take profit levels are based on analysis at the time of publication, but market conditions may change rapidly, leading to losses. Traders should conduct their own research and consider their risk tolerance before executing any trades. We do not guarantee the accuracy or completeness of the information provided, and we shall not be liable for any losses incurred in connection with this trade signal. It is recommended to consult with a qualified financial advisor before making any investment decisions.
GBPAUD forming a bottom?GBPAUD - Intraday - We look to Buy at 1.8925 (stop at 1.8875)
Price action looks to be forming a bottom.
Bullish divergence is expected to support prices.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Preferred trade is to buy on dips.
Bespoke support is located at 1.8925.
Our profit targets will be 1.9045 and 1.9075
Resistance: 1.8985 / 1.9050 / 1.9110
Support: 1.8925 / 1.8895 / 1.8835
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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GBPAUD longsWeekly
- M formation with the neckline at 1.9200
- Price has hit a major region at 1.8900
- Expecting upward movement to 1.9200 neckline
Daily
- Price is engulfed between 1.8925 and 1.9050
- If price closes above 1.9050 then I am buying to 1.9200
- Currently sitting on my hands and waiting to see what happens
2024-05-05 GBPAUD - Bullish Trend - ABCDGBPAUD char is printing bullish trend
EP: 1.95928
SL: 1.89602
TP1: 2.0230
TP2: 2.08660
GBPAUD LONG
Daily:
- Hedge position
- Solid candle close
- Fib completion -27
- Strong zone (Weekly zone)
*Clear Impulse and Correction
Weekly:
- Market structure (+) (Inv H&S pattern)
- S&D zone (+)
- FIB (+)
Extra:
- Trend with us + pattern
- Zone that can work as magnet
- Possible great R/R
4H:
- Waiting on deceleration
- Targeting daily zone
GBPAUD-4H-BEARISH TREND
In the GBPAUD scenario for the first week of May, we have assessments across different factors impacting the GBP/AUD currency pair. Here's a breakdown:
1. Scorecard Analysis:
Bullish sentiment for GBP and AUD individually but neutral for the GBPAUD pair.
2. COT-FLIP (Commitment of Traders - Financial Instrument Price) indicates bearish for GBP, bullish for AUD, and bearish for GBPAUD.
3. Seasonal trends are bearish for GBP and AUD individually but neutral for GBPAUD.
4. Commodity analysis suggests bullish for GBP and bearish for AUD.
5. Conditional factors are bearish for GBP, bullish for AUD, and bearish for GBPAUD.
6. Fundamentals analysis (LEI, ENDO, EXO) all indicate a bearish outlook.
7. Technical Analysis:
The trend is bearish.
No diversions noted.
No continuation, reversal patterns, or harmonic patterns were identified.
Overall Assessment:
Based on the aggregation of the above analyses, the overall outlook is bearish for GBP, bullish for AUD, and bearish for the GBPAUD pair.
In this scenario, despite individual bullish sentiments for GBP and AUD in certain analyses, the overall assessment remains bearish for GBP, primarily due to bearish fundamentals and technical indicators. AUD appears bullish overall. However, the GBPAUD pair is forecasted to remain bearish, influenced by various factors including COT-FLIP data, seasonal trends, and conditional factors.
ENTRY POINTS
ENTRY 1 can be taken of fvg with STOP LOSS on lower high
ENTRY 2 can be taken of order block with STOP LOSS on lower high
GBPAUD - Buy - Potential Aussie Interest RateGBPAUD hovering along the bottom picking up stops to potentially head higher on Aussies Interest Rate Decision
Expected to remain the same.
3.4
3.4
3.4
3.5
Slight tick up in March but has been dropping drastically so wouldn't think it would cause any panic either way.
Lots more to look into but that will do
My best guess : )
GBPAUD: Long Trade with Entry/SL/TP
GBPAUD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPAUD
Entry Level - 1.8971
Sl - 1.8882
Tp - 1.9135
Our Risk - 1%
Start protection of your profits from lower levels
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GBP/AUDGBP/AUD HTF Structure has been changed and looking for Buys as i expected.
Waiting for confirmation and Buy..
Thanks
GBPAUD SHORTHey guys I'm back for a long time soo this is my analysis for GBPAUD for selling
beautiful level of FIB and SBR too
lets see what happened!
GBPAUDGA directional bias show that we a in short rally, after shift and outside formation structure. Current movement gives a picture that price shifted and needs to go inside to find liquidity area to continue with short rally.
