shortexpecting market to touch below support level ,Aud seems to strong enough to get gbp downby fahadfastion0
GBPAUD - potencial for more upside Looking at the GBPAUD pair, we can observe a sharp decline in GBP during today's session, supported by a strong AUD and weaker GBP. However, our stance remains unchanged; we anticipate GBP strengthening in the next few sessions. Consequently, we've entered a long position at 1.93800. Our stop loss is set at around 1.93300, representing a loss of 50 pips or 0.3%, while our target is 1.96600, indicating a potential gain of 260 pips or 1.3%. On the 4th and 5th of March, the price printed a higher high, signaling a robust upward trend and breaking the previous resistance from the 13th of February. It is important to note that this analysis is based on historical patterns and technical indicators and should not be construed as financial advice. Individual traders should conduct their own research and consider their risk tolerance before making any trading decisions. Longby Coder775Updated 227
GBPAUD I Correction and more decline 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 straight to your email in the future. Thanks for your continued support!Short05:45by BKTradingAcademy229
GBPAUD -- BUY NOWGBPAUD The chart ono 15 mins and here is the bullish divergence seen in the RSI indicator so buy it now CHART ON 15 MINS BUY STOP= 1.93279 SL= 1.92658 TP1 = 1.93925 TP2 = 1.94571Longby samiiqbal640512
GBP/AUD bullish ScenarioHello traders! We are looking for a bullish scenario because the internal trend is bullish and the price came to a demand where we are expecting a bullish structure on lower timeframe. After we see the bullish structure on M15-M30 i will look for a buy. Good luck and risk wisely!Longby BogdanUngUpdated 1
Potential GBP/AUD LONG tradeGBP/AUD has sold off agressively since late Tuesday and now the BEARS are reaching exhaustion. On H1 the RSI is reading 17.19 so we are well into oversold territory. MACD is also weakening as the fast MA is poised to move above the slow MA which would be a sign that GBP/AUD BULLS are entering the market. However. WS1 pivot sits 14 pips under the current price (1.9307) and its likely that GBP/AUD BEARS will endevour to have one final push to hit this support level. I'm waiting to see if this happens but its not guaranteed. The Andean Oscillator will be the key. We should see the green BUY line start to move away from zero and at the same time we will see the red SELL line start to meet the signal line south and eventually cross. The last H1 candle was a doji which is an indecision candle (not a reversal candle as is commonly believed - it may well turn out to be one but that would depend on subsequent candles). An indecision candle confirms a battle between the BULLS and the BEARS. My guess is we are defintely headed higher, it just aquestion of when. I'll update this post if we get a confirmed BUY signal. Longby forextraplacesUpdated 3
GBPAUDhello everyone, a quick analysis of GBPAUD. the price has reached 4hr/1hr resistance zone, the price in this area has reversed before, there are high chances the price will be bearish, if not then it would be corrected to TP1... Good luckShortby baigxyUpdated 5
sell GBPCADAs we can see market is in strong bearish market break his last zone and now retest and dip to the TPShortby Ahmaadfx1
GBPAUD .. BUYOANDA:GBPAUD LONG position can be taken in the specified ZONE There is no position before the ZONE It has correlation with EURAUD, please trade only oneLongby ForexCSPUpdated 2
GBP/AUD Free-Falling Towards 1.91700: Is it Inevitable?Technical analysis indicates that GBP/AUD is currently on the verge of a free fall towards 1.91700. Broken Uptrend: GBP/AUD recently broke below its long-term uptrend line, signaling a probable trend reversal to the downside. Head and Shoulders Pattern: The GBP/AUD chart is currently forming a bearish head and shoulders pattern, providing strong confirmation for the continuation of the downtrend. Rising Risk Indicators: Risk indicators like VIX are rising, indicating increasing market tension and potential for heightened volatility. Key Support Levels: 1.91700: The first key support level lies at 1.91700. A breach of this level could send GBP/AUD plummeting towards 1.88000 and 1.85000. 1.88000: The next support level is located at 1.88000. If GBP/AUD breaks below 1.88000, it could head towards 1.82000 and 1.80000. This analysis is provided for educational purposes only and should not be construed as investment advice. Always conduct your own research and consult a financial expert before making any investment decisions. #GBPAUD #forex #trading #forextrading #technicalanalysis #chartanalysis #bearish #sell #short #downtrend #supportlevel #riskmanagementShortby ChartSavantUpdated 1
GBPAUD JournalJournaling my Trades - Keeping it Simple Will be updated again tomorrow.by hours-binghongUpdated 1
GBP/AUD Short IdeaBroken structure Looking for market to push down to next clear support area. lots of selling momentum Broken trend line would be amazing if we get a clear retest. Great risk to reward setupShortby KibukCapitalUpdated 2
GBPAUD OUTLOOK & TRADE IDEA | 1h The first buy are is quite risky because there was no major inducement but it's still a pretty valid area to look for some buys. The second one would be pretty safe because excluding the overextenstion there would also be a major inducement. The target would be the low resistance liquidity are which is also a imbalance curve. Share your view in the comments! by curtal2211
GBPAUD LONGGood evening!! Traders I hope all are having a profitable week so far. As you can see here GA is looking Bullish in the weekly timeframe. We could see it retrace a bit into this daily zone expecting it to continue up. Feel free to like and leave a comment!!Longby Guiry_trades223
GBP/AUD LongPrice is retesting strong support again price is showing heavy rejection I am looking to go long Longby colemanantwan691
GBPAUD Long Call!Based on the 4-hour chart, the current trend appears to be bullish, with higher lows (HL) and higher highs (HH) forming. However, a bearish divergence has recently formed, and now a new higher low (HL) is forming, we plan to open a long position during the retracement to 0.75 and aim to reach the most recent swing high.Longby itshamzajaved3
GBPAUD I Intraday long opportunity 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 straight to your email in the future. Thanks for your continued support!Long03:41by BKTradingAcademy8
DeGRAM | GBPAUD trend continuation opportunityGBPAUD is currently pulling back from the resistance level to the support level and 38.2% fibo level. Price tested the ascending channel border and bounced off it. The market is in a bullish trend, making higher highs and higher closes. We expect a trend continuation trade from the kill zone, support level, and fibo level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM225
GBPAUD: Your Trading Plan Explained 🇬🇧🇦🇺 GBPAUD broke and closed above a key horizontal resistance yesterday. The price is retesting a broken structure at the moment. To buy the pair with a confirmation, watch a bullish flag pattern on an hourly time frame. Bullish breakout of the resistance of the flag will give you a strong buy signal. A bullish continuation will be anticipated then at least to 1.9562 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader117
GBP/AUD Short IdeaBroke structure. london session volume pushed us back to retest this area. if we get bearish closure on 15. and 30. this would be a great sell opportunity. great risk to reward setup. market structure creating LH Shortby KibukCapital2
Trade Plan (Pending): I am selling GBP/AUD at 1.9420GBP basket - the dominating single currency for this trade plan is Sterling (GBP). There are two fundamental aspects that I am looking to drive Sterling lower: • the United Kingdom has entered a technical recession. • we are seeing lower inflation data. From a technical perspective, we have formed a bearish Gartley formation on the daily chart. The intraday chart highlights the completion of a bearish Bat formation at 2,174. I look for rallies in GBP to find selling interest. It should also be noted that studies suggest selling GBP in FX Crosses. GBP/AUD - we have broken out of an Ending Wedge formation to the downside. The measured move target of 1.9183 has NOT been achieved. We are building a bearish Head and Shoulders pattern. The previous resistance (left shoulder) is located at 1.9420. The reverse trendline resistance from the wedge breakout is located at 1.9453. This is our resistance zone (1.9420-53). On a break of 1.9192 (swing low), the measured move target is located at 1.8860. Bespoke support is located at 1.8864 and 1.8855. Selling at 1.9420 (Jan 17 swing high), with a stop loss of 1.9520 (above the reverse trend line), with a target of 1.8864 (bespoke), offers a risk-reward setup of 5.56R. I am selling GBP/AUD at 1.9420 SL: 1.9520 TP1: 1.8864 Risk/Reward Ratio of 5.56R #tradeplan #GBP/AUD Shortby IanColemanUpdated 8
GBP/AUD SHORT IDEABroken trend line, usually GA price action loves to respect trend lines. if you place them properly. this will for sure go to bottom of trend line start. hopefully volume can push us down to TP great risk to reward setup. higher time frames we are meltingShortby KibukCapital331