GBPAUD
GBPAUD The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9448
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9353
Recommended Stop Loss - 1.9507
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
#GBP/AUD 1HThe **GBP/AUD** 1-hour chart is displaying a **channel pattern**, where price is moving between parallel support and resistance levels. This is indicative of a market in a range-bound state, with the price respecting both the upper (resistance) and lower (support) boundaries of the channel.
### Forecast: Sell When Touching Resistance
In this scenario, the forecast is to initiate a **sell position** when the price reaches the upper boundary (resistance) of the channel. The key elements to consider for this setup are:
1. **Channel Structure**: The price is consistently oscillating between a well-defined resistance and support zone. The resistance level represents a strong selling zone where price struggles to break through.
2. **Trend and Momentum**: Momentum tends to weaken when the price approaches resistance, leading to reversals back toward the support line. This offers a potential short-selling opportunity.
3. **Risk Management**: A stop-loss order should be placed just above the resistance level in case of a breakout, while profit targets can be set near the lower boundary (support).
It’s essential to confirm the sell signal by observing price action near resistance and looking for reversal patterns, such as bearish candlestick formations, or divergences in momentum indicators.
#GBPAUD 1HOn the GBP/AUD 1-hour chart, the price is currently testing a channel resistance level. This resistance is part of a parallel channel where the price has been moving between support and resistance lines. The channel resistance marks an area where sellers typically emerge, halting further upward movement and pushing the price lower.
Forecast: Sell
A sell opportunity is anticipated as the price approaches the upper boundary of the channel. Traders may consider entering a short position if the price is rejected from this resistance line, with a potential downside move towards the channel's support level. It's crucial to wait for confirmation of rejection at the resistance before executing the trade to avoid false breakouts.
GBPAUD - 4hrs ( Buy Trade Target Range 240 PIP ) 🟢 Pair Name : GBP/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Long / After Retest )
Type : Mid Term Swing
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Bullish Retest
1.93250 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Choch Zone
- Fibo Golden Zone
- Month Low Area
Bearish Reversal
1.95650 Area
Reasons
- Major Turn level / M
- Visible Range Hvn
- Choch Area
- Quarter's High
- Month High
GBP_AUD RISKY SHORT|
✅GBP_AUD is approaching a supply level of 1.9350
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bullish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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GBP/AUD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP/AUD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.910 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBP-AUD Retesting Resistance! Sell!
Hello,Traders!
GBP-AUD made a swift
Recovery after a sudden
Price drop but the pair
Will soon hit a horizontal
Resistance level of 1.9325
From were we will be
Expecting a local
Bearish move down
Sell!
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Check out other forecasts below too!
GBPAUD: 4D Curve AnalysisPIVOT HIGH = Resistance @ 1.93104
PIVOT LOW = Support @ 1.89629
⚠️ HIGH RISK SELL STOP ORDER
(with tight stop loss)
SSO1 @ 1.9293 😮
SSO2 @ 1.9258 😮
FINAL TP @ 1.9032
CONFIRMATION OF DT:
📉WE NEED PRICE ACTION TO CLOSE BELOW SSO1 ⤵️
📌 Professional Trader Note:
PA is currently at a FZ
GBPAUD Is Bearish! Short!
Please, check our technical outlook for GBPAUD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 1.923.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.919 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPAUD A Fall Expected! SELL!
My dear friends,
My technical analysis for GBPAUD is below:
The market is trading on 1.9241 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.9192
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPAUD potential drop and continuation of the down trendGBPAUD has been respecting the upward trendline for over a month but now appears poised to break through, potentially triggering a significant sell-off. On the daily timeframe, the price action looks quite bearish. The formation of a consolidation zone just above the trendline suggests the market is preparing for a potential breakout. Consequently, the market could drop from this resistance zone toward lower levels. The target is the support level at 1.93080
GBPAUD bearish take over?
GBPAUD many are project bullish expectations in last period, especially when we are saw break of uper trend line. Whats now, looks like break is be fake and now we can expect bearish push till bottom trend line and personally here expecting and break of same and higher bearish continuation.
GBP is have nagative results on today GDP event
TP: 1.91900 (350)
SL: 1.97000
GBPAUD Clear Buy SignalPrices have just touched the 200 EMA and the lower Bollinger Band. This is also a strong demand zone from August. Volume is decreasing, indicating that sellers are not interested in pushing prices down further. The stochastic indicator has made a bullish crossover in the oversold area. A long wick confirms rejection. This is the perfect spot to buy!
GBPAUD BUY SIGNAL. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD I Potential long from channel bottom and future declineWelcome 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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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPAUD My Opinion! BUY!
My dear subscribers,
My technical analysis for GBPAUD is below:
The price is coiling around a solid key level - 1.9318
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9420
My Stop Loss - 1.9263
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
Could price bounce from here?GBP/AUD is falling towards the pivot and could bounce to the 1st resistance level which a pullback resistance.
Pivot: 1.9273
1st Support: 1.9214
1st Resistance: 1.9424
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