This pair is looking more bearish than bullish. A possible setup for next week, we'll wait and see.
... what is basically "forever". Make this SHORT your 401k. (Right alongside the GBPJPY Short.) The simple fact remains that while the BoE is running a 120% debt load vs. it's GDP, the RBA hasn't even hit 50%, yet, and so it can basically keep borrowing til the end of time. Here is the Weekly; ... and the Daily;
H&S formation just completed with Friday's big ass bearish candle. Long term sell; with Brexit leading to complicated trade relations with struggling EU economies, the pound and Euro will depreciate against AUD, At least for a few more months. So find a good entry and sell and hold for as long as you wish. Nobody says you can't close profits along the way! Manage...
Please view the chart for more information on my analysis on this pair. Make your own prediction as to when you should get into the trade. I am only here to guide you, not give you every piece to the puzzle.
Please check the chart for the analysis and do let me know your views on it.
GBPAUD chart analysis The analysis is based on basic resistance and support areas. GBPAUD tested the resistance and is now coming back to test the support area. Till then see you!
Hello Traders, here is the full analysis for this pair. Watch strong price action at the current levels for SELL GOOD LUCK! Great SELL opportunity in 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...
Price had indicated and edge of lower prices. price might keep dropping highlighted supply zones are spots i look to reenter on should one fail.
Forming lower highs after failing to continue above the green zone. Recently broke bellow the up trend line and in a pull back lost strength and formed an indecision candle. It should come and fill in the price void bellow its current consolidation. the T/p s are the pink lines, marking previous levels of demand looking to take 50% at first t/p which is also an IC...
Price has just reversed from our descending trendline resistance and 1st resistance at 1.78822, in line with our 61.8% Fibonacci extension. We could potentially see a further drop in price towards 1st support at 1.78035 where it coincides with our 61.8% and 161.8% Fibonacci extension levels. It is worth noting that the Stochastic indicator is also approaching the...
As you can see from the green zone I have marked out previously, we have already hit the zone with a bounce up to create the HH. Since then the market has formed LHs ever since, which suggests it is going to continue Its way downwards. The pink trendline has been hit 3 times, which tells me it is respecting it very well. Overall I expect the market to drop down...
In the higher time frame I can see that the GBP/AUD broke the upward trend line (Blue trend line) that it followed since the beginning of the year. Indicating a trend line break out. The price retested on the trend line and began to sell, which is an indication that a trend line break out took place. I expect the GBP/AUD to sell, starting a new downtrend...
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/AUD ⚪ Technical Analysis : Since the beginning of January 2021, the price has been following an interesting trendline,...
Hey traders, here is the analysis for the GBPAUD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.