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 1.926 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
GBP/AUD is falling towards a support level which is an overlap support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.92627 Why we like it: There is an overlap support level which aligns with the 50% Fibonacci retracement. Stop loss: 1.91771 Why we like it: There is a pullback support level which...
Price is falling towards the an overlap support zone which lines up perfectly with the 50% Fibonacci retracement. A bounce from this level could lead the price to rise to the upside I'm bullish biased
The GBP/AUD pair has recently shifted its trajectory, transitioning from a recovery phase initiated at 1.08600 in January to a downward trend. Currently hovering around the 1.9158 level, the pair encounters significant resistance marked by the Point of Control (POC) value and Fibonacci levels. This convergence suggests the potential for a pullback before resuming...
The 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 rates
The GBPAUD currency pair presents a potential buying opportunity, exhibiting favorable market conditions that may attract traders seeking long positions. A comprehensive analysis indicates a potential bullish momentum, warranting attention from traders looking to capitalize on potential upward price movements. Trade Recommendation: Given the current market...
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
OANDA:GBPAUD has been trading in bearish trend respecting ascending trendline. Currently, It has been retracing towards fib 75% level where we can look for selling opportunities.
Pair Name : GBP/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break...
🔸Hello traders, let's review the 4hour chart for GBPAUD today. Strong V-shape recovery in progress, however also expecting a decent/normal pullback once we hit the strong overhead resistances. 🔸Heavy overhead resistances will trigger a pullback. Resistances set at 9490 and 9550, risk/reward will be in bears favor. Mirror s/r level below at 9265 will be likely...
UK February ILO unemployment charge: 4.2% Expected: 4.0% Previous: 3.9% Job change: -156k vs. 58k expected Previous: -21k Average weekly earnings: +5.6% 3m/y vs +5.5% expected Previous: +5.6% Average weekly earnings (except for bonuses): +6.0% 3m/y vs +5.8% expected Previous: +6.1% Change in March salary: -67k Previous: 20k; changed to: -18k This is a...
✅GBP_AUD went up to Retest the falling resistance And we are already seeing a Bearish reaction from the line So we will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Take a look at our analysis for GBPAUD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.926. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.944 level. P.S The term oversold refers to...
Hello,Traders! GBP-AUD is going up now And the pair made a bullish Breakout of the key horizontal Level of 1.9272 and the Breakout is confirmed So we are bullish biased And we will be expecting The pair to go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
OANDA:GBPAUD has formed bullish divergence on RSI and broken the last Lower High indicating the potential for bullish move. Currently, It's retracing back to fib 50-75% level where we can look for long setup.
The recent price action on the GBPAUD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! GBP/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.931...
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL 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...