GBPAUD The Target Is UP! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9152
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9230
Safe Stop Loss - 1.9101
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPAUD
GBPAUD to continue in the downward move?GBPAUD - 24h expiry
The medium term bias remains bearish.
A higher correction is expected.
Bullish divergence is expected to support prices.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 1.9220.
We look to Sell at 1.9220 (stop at 1.9270)
Our profit targets will be 1.9100 and 1.9070
Resistance: 1.9220 / 1.9260 / 1.9315
Support: 1.9140 / 1.9085 / 1.9030
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GBP/AUD +50 Pips 0 Drawdown , New Entry Valid After D Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPAUD Long Trade Setup A #long trade opportunity recently presented itself on the #poundaussie (#GBPAUD) #trading chart 📈.
This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 1.91028 horizontal support level.
This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 1.95000 psychological level and possibly testing the strength of the 1.95193 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
GBPAUD: Short term bullish trade.GBPAUD is practically neutral on its 1D technical outlook (RSI = 44.487, MACD = -0.002, ADX = 28.797) as the LL leg of the Channel Down was negated by the Double Bottom that was formed today. The 1D RSI turned upwards on a HL trendline and this is a short term bullish call, targeting the top of the pattern (TP = 1.94000).
See how our prior idea has worked out:
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GBP/AUD Best 2 Places To Buy And Get 250 Pips At Least !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPAUD Is Going Up! Buy!
Here is our detailed technical review for GBPAUD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 1.919.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.930 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPAUD → Trade Analysis | SELL SetupHello 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.
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GBP-AUD Will Go UP! Buy!
Hello,Traders!
GBP-AUD went down sharply
And the pair is locally oversold
So as we are already seeing a
Bullish rebound from the
Horizontal support level of 1.911
A further move up is to be expected
Buy
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GBPAUD - Downside Range BreakoutI've been monitoring this pair for quite some time as its been ranging since February of this year. After a failed breakout attempt in early April, it looks like price is making another attempt at this week's open.
I don't really have a strong directional bias with this pair as it's been in quite a whipsaw pattern for the past couple of months. I'd drop down to the hourly timeframe to plan out my entry and a strong move to 2x ATR would be a good closure target.
GBPAUD Massive Long! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9258
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9394
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPAUD Buyers In Panic! SELL!
My dear subscribers,
My technical analysis for GBPAUD is below:
The price is coiling around a solid key level - 1.9396
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9314
My Stop Loss - 1.9447
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBP/AUD SHORT FROM RESISTANCE
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 likely.
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Potential bullish bounceGBP/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 aligns with the 78.6% Fibonacci retracement.
Take profit: 1.94469
Why we like it:
There is an overlap resistance level
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GBP/AUD Exhibits Signs of Reversal Amid Positive UK Economic DatThe 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 its upward momentum. Additionally, the Relative Strength Index (RSI) indicates proximity to oversold conditions, further supporting the anticipation of a correction. In response, we've opted to position two Buy limits in anticipation of the impending reversal.
The UK manufacturing sector delivered a surprising expansion in March, following a contraction spanning 20 consecutive months. This growth was primarily fueled by robust domestic demand, elevating business optimism to its highest level since April 2023. Notably, 58% of manufacturers anticipate an increase in production levels over the next 12 months. Concurrently, British house prices surged by 1.6% in March, marking the sharpest increase since December 2022. Despite prevailing higher interest rates, the real estate sector demonstrates resilience, contributing to overall economic stability.
In light of these developments, we foresee a potential pullback in the GBP/AUD pair, followed by a resumption of its upward trajectory.
GBPAUD Potential Buy OpportunityThe 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 dynamics, traders may consider a buy position on the GBPAUD pair. This trade setup suggests entering a long position when the price of the pair rises above 1.92390 levels
Disclaimer:
It is imperative to acknowledge that all trading decisions carry inherent risks and should be made in accordance with individual risk tolerance levels, financial circumstances, and trading strategies. This analysis serves as educational content and should not be construed as financial advice. Trading forex and other financial instruments involves substantial risk, and past performance does not guarantee future results. Traders are encouraged to conduct thorough research and seek guidance from qualified financial advisors prior to executing any trades. The author and publisher of this analysis disclaim any responsibility for losses incurred as a result of reliance on the information provided herein.
GBPAUD I Temporary fall from resistance 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.
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