Pound AussieClear market strcuture on the pound aussie shows a temporary bulls run to the 1.96983 level. To complete the three touches and potentially setting the bears to push prices to the downside.
GBPAUD trade ideas
GBPAUDCurrently on GBPAUD on the weekly timeframe price has just took out the previous candle range high (CRH) and closed below it, and we are now heading for the previous candle range low, And on the 4hr timeframe price just took out the previous 4hr candlestick range high, and closed below it, now we will be heading for the previous 4hr candle stick range low which also has a fair value gap below it then after that we will be heading for the daily CRH.
GBPAUDCurrently on GBPAUD on the weekly timeframe price has just took out the previous candle range high (CRH) and closed below it, and we are now heading for the previous candle range low, And on the 4hr timeframe price just took out the previous 4hr candlestick range high, and closed below it, now we will be heading for the previous 4hr candle stick range low which also has a fair value gap below it then after that we will be heading for the daily CRH.
GBPAUDCurrently on GBPAUD on the weekly timeframe price has just took out the previous candle range high (CRH) and closed below it, and we are now heading for the previous candle range low.
GBPAUD Currently on GBPAUD on the weekly timeframe price has just took out the previous candle range high (CRH) and closed below it, and we are now heading for the previous candle range low.
Lingrid | GBPAUD long from the SUPPORTFX:GBPAUD is currently moving sideways following the pullback from the resistance zone, which has resulted in a complex pullback formation. The price has shown respect for the upward trendline, and I believe it may rise to test resistance if it pulls back to the support zone. I'm looking for a pullback opportunity, and I expect to enter a long position from there. My goal is to resistance 1.97430
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBPAUD Sell
Please observe the capital carefully and do not risk more than 1% of your capital
Good luck to everyone
GBPAUD LONGGBPAUD shows a strong break on the 30m chart, expecting to see a push to the upside after retracement
GBPAUD is BearishPrice was in an uptrend, however a bearish divergence led to the break of last higher low and printed a lower low instead. According to Dow theory, the price is likely to continue its journey downwards as per Dow theory. Targets are mentioned on the chart.
update gbpaud Im totally fan of this pair
please look at my 2 analysis about this lovely pair
how beautifully it respect my levels
GA 4 Wave completion - then Sharp bullish move upI am seeing the completion of a strong higher TF 4 wave which my other ideas. Have followed, this is now coming to an end, and an Impulse move to the upside, completing wave B, (i made an error in my ideas before about which wave it was, none the less the same principle applied, hence why they were successful) once this impulse to the upside completes, then we will look for the C wave down!
Break to the downside for GBP/AUD?We have seen a break on the ascending trend channel following a double top formed on this pair. We have plenty of room to the left for this pair to make a move to the downside.
Break below the previous day low combined with the cross of the 5 and 50 day MA on the 4HR chart gives extra confluence.
Breakout to the upside for AUD/GBP?We have seen a break on the descending trend channel following a double bottom formed on this pair. We have plenty of room to the left for this pair to make a break to the upside.
Break above the previous day high combined with the cross of the 5 and 50 day MA on the 4HR chart gives extra confluence.
GBPAUD SELL SETUPWe have broken the trendline on the 4h an and also the previous higher low indicating a potential change in trend. The market has retested the zone and is forming our confirmation candle for a entry for a tp1 at 1:1 and tp2 at 1:2
Intraday. GBPAUD. 1.9531. ShortThe couple looks pretty weak. Cannot continue upward movement after exiting accumulation. There is no directional movement. The couple retests the loi from yesterday. There is every chance of a good short movement.
GBP_AUD LONG FROM SUPPORT|
✅GBP_AUD has retested a key support level
And as the pair is already making a bullish rebound
A move up to retest the supply level above is likely
LONG🚀
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GBPAUD Potential DownsidesHey Traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.96250 zone, GBPAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.96250 support and resistance area.
Trade safe, Joe.
GBPAUDOANDA:GBPAUD After the price reaches the specified level,
if you see the Bearish hammer candle in the one-hour ( SHORT POSITION),
and if the desired level is broken, after the pullback buy.
Consider your risk management before entering a trade.
This analysis is for informational purposes only and does not constitute investment advice.
All consequences of using this signal are at your own risk.
GBPAUD 4H TF Bearish (Divergence, Break of Trendline, DOW)GBPAUD shows a bearish/short momentum at 4H TF supported by bearish divergence, DOW Break of Structure (BOS) and break of rising trendline. Entry is taken at 15 pips below previous HL with SL at 15 pips above and TP at 1:1 R:R.
What do you think, will it work?
GBPAUDDue to the high -level settlement formed, the probability of lowering prices and reaching the intended darkness is high
GBP BULLISH OR BEARISH FOR OFFICIAL BANK RATE?What you all predict on GBP for Official Bank Rate?
1. Maintain Rate
2. Cut Rate
3. Increase Rate
AND
What market will do on GBP?
1. Bullish
2. Bearish
MY PREDICTION GBP WILL BE CUT RATE AND BEARISH MARKET MOVEMENT
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
GBPAUD: Focus Shifts To BOE - Bearish Harmonic PatternGBPAUD: Focus Shifts To BOE - Bearish Harmonic Pattern
Tomorrow the Bank of England will announce Its Monetary Policy statement and Interest Rate decision.
The market is widely anticipating a possible rate cut from to 5% vs 5.25% actual rate.
The market is expecting BOE to cut rates by 25 basis points.
If that happens we may see GBP getting weaker.
Technical Analysis:
Price completed a daily harmonic pattern near an old zone thus raising the chances for a bearish movement.
However, the AUD is still weak, we may see the GBPAUD reverse direction over the next few days. The next move is all about BOE rate decision.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
No BOS, No TradeAs we didn't get a BOS as stated in the previous Idea, we dont have a buy. We will wat for a new reaction within the OB and if it breaks, I'd just watch for more reactions at key points, will keep everyone posted(just me I know).
FX:GBPAUD
