GBPAUD, I am expecting 400+ pips move from this level, minimum at least 250+ pips move should be there till latest H1 OB.
GBPAUD ranging in downside parallel channel, wait for breakout to take entry. Manage your risk accordingly!
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Bearish Channel in LTF & STF as an Corrective Pattern Break of Structure Impulse Correction Impulse Fibonacci Level - 61.80% Head and Shoulder
TREND BULLISH GBPAUD breaking now slowly the wedge consolidation to the upperside. “The Bank of England has warned that it is likely to underwhelm with rate hikes as the UK enters a recession that could last until 2024.” Economic growth will remain hampered and inflation high until the energy crisis eases – however this is to a large degree outside of...
GBPAUD ranging in upside parallel channel, wait for breakout to take entry. Manage your risk accordingly!
the price managed to break the bullish trendline and form a bearish structure for now. If we pull the Fibo extension, the price is right at level 1. There is a possibility that the price will still go down to Fibo 1.618 where this area also intersects with strong support.
This trade is again in the radar!! If it gives me a bearish confirmation, I'm shorting the pair. Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPAUD completed ABCD pattern now hopefully we can see the retracement from here towards upside. Manage your risk accordingly!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
if we pull the trendline as in the picture, it looks like a bullish channel. today there has been a high enough bullish movement to form a BoS. the closest target is the channel trendline above.
GBPAUD is forming triple top on 1hr chart hopefully we can see the sell pressure through this resistance. Manage your risk accordingly.
GBPAUD is forming double top on 1hr chart hopefully we can see the sell pressure through this resistance.
for now the price looks bearish. if we pull the fibo retracement, then there is a possibility that the price will be pulled down to strong support in the 0.236 area, where the area is also an SnD area and also as an SR Flip area.
GBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows. Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern. Once the neckline is broken out, I expect price to rise further. Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.
After the liquidity taken and change of character and the rejection of the Order Block we will see a drop in the price it's just idea
Based on our analysis, we anticipate a bullish trend for the GBPAUD pair in the coming weeks. The fundamental factors indicate a relatively stronger outlook for the GBP compared to the AUD. Positive economic data and improving sentiment in the UK, coupled with potential uncertainties surrounding the Australian economy, suggest a favorable environment for the...
GBPAUD is currently trading at 1.8863. If it is rejected from the resistance area, which is at 1.8902, it will then move down to the support level at 1.8744. However, if it successfully breaks above the resistance area, you can consider buying on its retest, aiming for the next resistance at 1.9165 for GBPAUD. Disclaimer: The information provided is for general...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.