The GBP/AUD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...
Hello,Friends! GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.906 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
This morning (my city time) I woke up to analyze the market direction. As for the currency pair that is of interest this morning, it is inevitable that it is the Australian Dollar. There is interesting news forecasting economic numbers. It is a bit consistent with technical analysis. Wait to see the big surprise!
SELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 15m TF is recommended.
GBP/AUD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.92600 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 1.93471 Why we like it: There is a pullback resistance...
BUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 15m TF is recommended.
FX:GBPAUD broke out of the consolidation phase and doing a retest at the moment, are we going to see a bullish continuation? I will wait to see if the retest is concluded and a bullish confirmation candle before going in for a long. #GBPAUD just might deliver on a 1:2 RRR.
Looking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always. GBPAUD Sell/Short ENTRY: 1.93072 TAKE PROFIT: TP 1: 1.89317 TP 2: 1.86379 SL:...
My dear friends, Please, find my technical outlook for GBPAUD below: The price is coiling around a solid key level - 1.9323 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.9277 About Used Indicators: The pivot point itself is...
4H chart: Bears seam to be weak. Corrective approach towards entry zone. = Buy limit set. 1% risk.
GBP/AUD has just reacted off he pivot and could potentially rise to the 1st resistance. Pivot: 1.9245 1st Support: 1.9162 1st Resistance: 1.9338 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...
Hello,Traders! GBP-AUD made a retest Of the horizontal support Of 1.9242 and we are Already seeing a bullish Reaction so we are Bullish biased and we Will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
GBPAUD shows a bullish momentum at 4H TF. Momentum is supported by strong retest of support and fib retracement close to 0.5%. Rising trendline also provide the historic support for the bullish continuation. Took trade at CMP with SL at previous HL. What do you think, will it work?
I see a very bullish pattern on GBPAUD on a daily time frame: the pair formed an ascending triangle formation and successfully broke its horizontal neckline. The broken neckline and the trend line now compose the contracting demand zone. A bullish movement may initiate from that. Goals: 1.935 / 1.943 ❤️Please, support my work with like, thank you!❤️
Price finally BO of the sideways more than 2 weeks during sideways consolidation. With no significant area to the left until the next VA, I am patiently waiting for a H1 continuation pattern to go long. There are 2 potential levels for a turnaround, the 1st at 1.9295 and the second at 1.9254. Best case we get a bigger H1 3-touch consolidation which taps into...
Idea No : 06 GBPAUD is facing 2 trendline resistance and is locked in between as we are moving into overbought conditions, i expect it to move lower and follow our given red arrow in a few days
Hey Traders, in tomorrow's trading session we are monitoring GBPAUD for a selling opportunity around 1.93700 zone, GBPAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.93700 support and resistance area. Trade safe, Joe.