GBPAUD: Bullish Accumulation & BreakoutAfter a prolonged period of bullish accumulation in an ascending triangle pattern, GBPAUD rebounded last week and broke through its resistance. This suggests the possibility of further bullish momentum, with the next target at 1.9373.Longby linofx1445
GbpaudWe are making use of these ranging period to find opportunities in the market.Longby CurrencyMomentumFX1110
Technical Analysis of GBPAUD: Bearish Gartley PatternHello traders, Happy new week to you all. Allow me to quickly do a detailed analysis of a pattern I identified on the GBPAUD currency pair, called bearish Gartley. I believe in the concerted might of Elliott wave and Harmonic patterns. The Bearish Gartley pattern is a harmonic pattern that signals a potential reversal in price from bullish to bearish. This pattern consists of four price movements and five points: X, A, B, C, and D. In my GBPAUD analysis today, I noticed the following points: X = 1.94824 A = 1.89081 B = 1.92500 C = 1.90938 D = 1.93530 To confirm the Bearish Gartley pattern, we need to analyze the Fibonacci retracement levels of these points and verify if they fit the typical Gartley ratios. Based on the analysis of the Fibonacci ratios, I found that: The AB leg retraces 59.5% of the XA leg, close to the typical 61.8% retracement. The BC leg retraces 45.7% of the AB leg, fitting within the typical range of 38.2% to 88.6%. The CD leg extends 166.0% of the BC leg, slightly above the typical 161.8% but ACCEPTABLE. The AD leg retraces 77.4% of the XA leg, which is very close to the typical 78.6% retracement. The Fibonacci ratios calculated for the given points fit well within the typical Bearish Gartley pattern ratios, implying that the pattern is valid and a potential bearish reversal could take place. The sharp reaction of the market from the PRZ zone further confirms thE presence of sellers. We might see the market move slightly to the upside in order to complete the 78.6AD retracement of the XA leg. But I think it should be short-lived. I'm expecting the pair to drop close to the 1.91250 price region. Cheers and happy trading!!Shortby Samuel124Updated 228
What's next for GBPAUD? after we've a strong move up we've been in the correction now we can se more potential going lung Longby Samfxb225
GBPAUD Long trade idea4H chart: Bears seam to be weak. Corrective approach towards entry zone. = Buy limit set. 1% risk. Longby FXKjellUpdated 113
GBPAUD facing resistance, expect downside moveIdea No : 06 GBPAUD is facing 2 trendline resistance and is locked in between as we are moving into overbought conditions, i expect it to move lower and follow our given red arrow in a few daysShortby myself467223
gbpaud about to go down. maninfxzw1 key day retest of key bos, ie resistance 1 day downtrend resistance 4 hr rsi divergence 1hr bearish wedge pattern about to break sell, sell,sell Shortby ManInFx113
GBPAUD TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon113
GBPAUD-Bullish After posting double bottom with bullish RSI divergence on one hour timeframe, GBPAUD gave breakout and is making HH and HL. Bullish trend is expectedLongby ALIHAMID112
GBPAUD SHORTGBPAUD has completed a triple top and seems to be ready to break to the downside. Shortby BlackSheepFinancial222
GBPAUD potentially Bullish continuationFX:GBPAUD broke out of the consolidation phase and doing a retest at the moment, are we going to see a bullish continuation? I will wait to see if the retest is concluded and a bullish confirmation candle before going in for a long. #GBPAUD just might deliver on a 1:2 RRR.Longby Mbjoey112
retracementThe GBPAUD is retracing to a key level around 1.91628, which is anticipated to act as a strong support and demand zone. This area is expected to have high liquidity, making it a potential reversal point where buying interest could overpower selling pressure, leading to a price increase. Traders should monitor this level closely for signs of buying strength and potential entry points for long positions.by junjuntadle2220
GBPAUD Is A BuyReasons to go long in GBPAUD: - Price found support at an order block that also coincides with the 50% retracement of the upward movement since the beginning of the week - clearly bullish reaction to the support level - Price target derived from EW theory harmonizes with an order block that also forms a resistance zoneLongby OchlokratUpdated 111
GBPAUD I Technical and fundamental analysis and projection aheadWelcome 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!Welcome back! Let me know your thoughts in the comments!Long06:26by BKTradingAcademy7
Bullish rise?GBP/AUD has just reacted off he pivot and could potentially rise to the 1st resistance. Pivot: 1.9245 1st Support: 1.9162 1st Resistance: 1.9338 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets5
gbpaud wedge pattern breakout and a retest / BUY Wedge breakout and retest 1 day resistance breakout daily key pivot point rebound 1 hr bullish engulf candle formation on pivot point and on wedge pattern and 1 day previous resistance which is now support Longby ManInFx4
GBPAUD: More Growth is Coming?! 🇬🇧🇦🇺 I see a very bullish pattern on GBPAUD on a daily time frame: the pair formed an ascending triangle formation and successfully broke its horizontal neckline. The broken neckline and the trend line now compose the contracting demand zone. A bullish movement may initiate from that. Goals: 1.935 / 1.943 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader115
gbpaud buy signal. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex114
GBPAUD with a bullish momentum, 2hrGBPAUD was consolidating for quite some time while ranging in a downtrend inside that consolidation period. But it then broke out of our downtrend an preparing to buy it failed to cross our zone in 1.92490 making a resistance for quite some time. Then It made an Inverse Head & Shoulder to gain enough momentum to be bullish. Therefor if it crosses the green line and retest then we will be going for strong buys but if it goes below the red line then trade is invalid. Longby AnalysisExpert5
GBPAUD WILL EXPLODE BUYTP-1-------15Pip TP-2-------35Pip TP-3-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanBUpdated 3
GBPAUD | Short D1 | Market Exec |Technical Confluences for Trade: - Stochastics are close to Overbought Conditions on D1 and Overbought in both H1 and H4 time-frames - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines Suggested Trade: Entry @ Area of Interest 1.9270 - 1.9380 SL @ 1.9503 TP 1 @ 1.9017 (Close Half-Position & move SL to Entry level once TP1 is achieved) TP 2 @ 1.8745 Risk-to-Reward @ Approx. 2.87 (Depending on Entry Level) ________________________________ Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. Any websites / brokers / applications suggested here are also provided as informational purpose only.Shortby weekendanalyst4
GBPAUD = BUYi've entered from a continuation trend, i hope you find it helpfulby welcomethembelihle993
GBPAUD: Bearish Forecast & Outlook The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPAUD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals114