Uptrend on the weekly TF. Has touched the trendline and is showing signs of potential buy. In lower TF we can see the price bouncing over a key area.
GBPAUD is testing its very strong monthly support and there is very high probability it will break its sell trend and make a new buy trend
GBPAUD showing great promise for a bullish move to the next indicated zone. This is a long term positional trade - low risk, high reward. Happy Profitable Monday to you All.
I'm looking at this pair for a potential buy. Price is currently at the 61.8 fib level on the daily. If it respects this level and I see a trend line break, I will be looking for buys on the correction.
After many corrections and impulses the price has reached LL where a spport has formed, and now the price shows signs of correction. And there are some rejections to the consolidation at LL that confirms that it wants to push up. Likes and comments if you want more trading setup. Thank you!
Chart looks clearer now, buy once price has broken resistance
Expect price to reach the highlighted support area before reversing and shooting up to resistance area
Hoping price holds at the 4HR support level. Looking for a push to the upside. Still in this trade.
I believe this pair is retracing for a continuation on the upside. I've added some of my notes to the chart that I took during my analysis. What is your outlook on this pair?
We About To See Some Nice Movement With AUD Pairs Based On Waves Ana. Expecting A Buy Pressure To Seriously New Highs With This Pair After A Prolonged Sell Off. Best of Luck Trade Carefully. Just AN Idea. .