I believe the GBP/AUD pair remains a favorable buy. It appears to be severely oversold, and on the larger time frames, it continues to exhibit a bullish sentiment. Over the coming weeks, which may extend to a total of 3-5 weeks, we anticipate movement towards our targets. It's advisable to monitor this currency pair closely, as it presents substantial upside...
Price is currently making a complex pullback with its target being a deep 4h supply zone before its continued expansion up
Hello traders, Risk less than normal for this trade! Our main entry for a long position is around 1.9000
Hello Traders, here is the full analysis. Watch strong action at the current levels for Buy. GOOD LUCK! Great BUY opportunity GBPAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.92400 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.92400 support and resistance area. Trade safe, Joe.
Looking to probe again, stopped out on initial entry.
Sell GBPAUD Bearish Channel GBP/AUD - M30 Chart - Bearish channel formation its good chance to sell now. thank you. FX:GBPAUD
Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.911 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.91100 support and resistance area. Trade safe, Joe.
After price broke structure to the downside, it retraced and formed liquidity below a supply zone that was left behind during the expansion. Price could now use this supply and liquidity to fuel its move down to take out the weak low.
GBPAUD turned briefly oversold on the 1D technical timeframe (RSI = 30.322, MACD = -0.013, ADX = 62.269) while pricing a LLL at the bottom of the Channel Down and the S1 level. The latter in particular can attract considerable buying power to push it for a 1D MA50 and R1 Zone test. This will determine the trend onwards but on the short term following 6 weeks of...
The GBPAUD pair has broken below the first Channel Up (dotted lines) and in extension the 1D MA100 (green trend-line). Currently it is testing the bottom of the second (and final) Channel Up (blue). Technically that is the most optimal level to buy for the medium-term and target 1.997800 (Resistance 1). On top of that, the 1D RSI bounced back after becoming...
Hello traders, There is one entry and 2 TPs for Pound-Aussie Levels calculated order_block, regarding support and resistances, channel and pivot points.
We can see that GBPAUD has broken the weekly rising trendline with gusto at the end of last week. We have a small pinbar close on Friday which suggests a retracement back up to retest. I'm expecting strength to build up for the AUD with the positive signs coming out of China, we can see it is recovering across most crosses, and sterling weakening. BoE decision...
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GBPAUD broke and closed below a solid rising trend line on a daily. That violation is the sign of strength of the sellers and implies at least a local change of character. Probabilities will be high that the pair will drop lower. Next support - 1.91 For entries, consider an occasional retest of a broken trend line. ❤️Please, support my work with like, thank you!❤️
GBP/AUD has retraced from its YTD highs in three waves, and hinted at a swing low with a Doji yesterday. Moreover, the doji formed at a long-term trendline, historical high and 50% retracement level whilst RSI (2) was in the oversold level. The bias remains bullish whilst prices remain this week's low, with an interim target near 1.9700. Given its established...
Hello traders , it looks to me gbpaud may start a strong bearish move. here are our bearish clues : - the price touched a bearish trendline and formed a double top pattern - RSI divergence the indicator shows lower highs and lower lows which indicates that the sellers are getting weaker Trade Confirmation : Breakout of the local bullish trendline and the...
BIG PICTURE TREND IS NEUTRAL (aggressive risk) SLO2 @ 2.0233 ⏳ SLO1 @ 1.9850 📉 TP1 @ 1.9115 TP2 @ 1.8495 TP3 @ 1.8040 TP4 @ 1.7335 BLO1 @ 1.7165 ⏳ BLO2 @ 1.6755 ⏳ Based on the 1W chart for GBPAUD, the pair is currently trading in a symmetrical triangle pattern. This pattern is considered to be a neutral pattern, meaning that it could break out to the upside...