Get started

Gbpaudlong

GBPAUD to mitigate before going higher?As you may know, an easy setup I trade involves price breaking previous levels which is the Intent to go higher (in this case). However, such a move is not sustainable before clearing out open short positions in order to go higher in profit. Therefore, price should return to the zone indicated before going higher. A risk entry would be at the zone indicated however I recommend waiting for a reversal on LTF to avoid liquidity grabs. GL
Long
by fxsurgeon1
4
GBPAUD OVERVIEW for the month of June GBPAUD analysis overview- Monthly closure - bullish engulfing, giving me a long bias(long term) for the time being Weekly chart - bullish closure with a significant bullish rejection (long lower wick), can potential start ranging if reject from the resistance level ahead Daily chart - break above resistance making a new higher high, potential new resistance found and could potential see a retracement (this would be dependent on how the lower timeframes hold their structure) if today's candles closes bearish and tomorrow follows through, potential area it could retrace too 38.2% as it has confluence with previous resistance level. H4 chart - initiated a 123 move to the up side which could give birth to an uptrend, I have to areas of interest the 38.2% fib level as it is the same area of interest as the Daily chart, if this area fails to hold support(if we ever get to it in the first place) i would potentially be looking at the 61.8% which is lining up with my previous H4 resistance level and has we know "previous resistance can become support" 30m chart (my main trading TF) - we had impulse wave breaking the previous level of resistance, then followed by a pullback which seems to be finding support at the 50% fib level, potentially creating something which some people would call a 'double bottom' (lets see how the candle closes). Overall a lot of confluence for potential long opportunities, which will be my main focus for this pair for this month ( as long as market structure still maintains the same).
Long
by Inacio_1998
GBPAUD testing 1st support, potential for a bounce!Price is testing 1st support, in line with 61.8% Fibonacci retracement and horizontal pullback support. We could potentially see a bounce and further rise up to test 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the ascending trendline and moving average support, in line with our bullish bias. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
💥GBPAUD - LONG TO 1.86300 OR SHORT TO 1.77401As we can see on the chart, the market is ranging i.e. the market is in consolidation. Price just hit the supply zone within (1.84105 - 1.85300). Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone. We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy or sell. What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.
by PetrockFxTrading
Buy GBPAUD after breakout and retestThere was a good wedge for GBPAUD to trade and I took profit of it, now I'm expecting new wave to break the resistance and create a new buy signal, don't enter the trade before the breakout. In the other scenario it can go down from here for another leg but i dont see any reason for that to happen. I will be bullish on this pair for long time. Hint: The London opening will show us which way to trade trade after London breakout to increase the winning rate.
Long
by myildirimy
GBPAUD facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above the ascending trendline and Ichimoku cloud support, in line with our bullish bias. We could see price bounce at 1st support, in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension and horizontal pullback support, and further upside towards 1st resistance, in line with 61.8% Fibonacci extension and horizontal swing high resistance. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
GBPAUDHello Traders Welcome back to another profit day If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPAUD broke the minor resistance and tested the resistance as a support and moving into major resistance zone Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guys
by Bexi03