GBPAUD BUYBuy GBPAUD at current price 93350 - 93600 and hold till Friday
TARGET POINT WILL BE 194200-194300
Gbpaudsignal
GBPAUDFX:GBPAUD
As you can see that, GBPAUD has created a FLAG & POLE pattern in 1Hr Time Frame, if it gives t breakout on upper side then we can plan for buy side, Always take retest entry and this set-up is for monday (21-08-23) Plan your trade accordingly...
GBPAUDFX:GBPAUD
As you can see that, GBPAUD is in consolidation and wait for the breakout. Take retest entry. plan your trade accordingly.....
GBPAUD Down Trend.!#GBPAUD Looking for Sell trade setup as I mentioned in the Chart.!
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GBPAUD SELLCheck on my previous update of GBPAUD for analysis before Entry, always I prefer to safe my bag when it’s 30 pipes…
LET’S GO…..
GBPAUD ANALYSIS OVER H4 CHART.Gbpaud running in downward trend, looking for short term Selling Opportunities in gbpaud.
GBPAUD - Short position GBPAUD - SHORT position as rejecting from resistance expect to get 80 pips from this trade.
gbpaud sell setup foundHey guys for GBP AUD market forecast, as we can see the market was in control with the buyers from the previous one to two days now the market has started to come into the favour of sellers as we can see the live price action candles as a shooting stars and we can also see the lots of weeks which are showing the market that the market is now into the control of sellers so here we can think for GPU AUD for good cell setups so in my view GP AUD live forex signals this is the best time to sell GBPAUD with 1:1 and 1:2 risk and reward ratio
GBPAUD ANALYSIS FOR THE COMING WEEK.We see price rejection off the 1.748 area(a key area on daily timeframe) after the successful downward rally. we looking for the bounce back to 1.7830. allso have to be cautious of the downside below 1.748 area for the fake out before the main move to the target.
GBPAUD TREND MIGHT BE CHANGING!!!We have seen a steep downfall in GBPAUD over some time but it can e the time that bulls take the charge. In the daily charge, it shows that a W pattern may be on the table if price rebounds from here, and also on Friday we have seen a spinning top.
What to do??
On Monday, we will be seeing if Monday candle closes in green or red. If, green then we may take a long to the target of 1.96500 with a stop at 1.89751 (A DECENT RISK REWARD RATIO!!!)
On the other side, if red candle is seen on the closing then the trend may continue to 1.86789 which is possible too.
But, we may see a rebound from here as RSI may rebound from here and also may see divergence on Awesome Oscillator. Also according to the confluence indicator, there are high confluences in this region. So, rebound chances are much high!!!!
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GBPAUD DOWNTREND MAY CONTINUE!!!We have seen a quite nice jump in GBPAUD in previous week, but it may be just an impulse. As, we can see that the trend line is still holding and may continue the downtrend.
So, we are still bearish on GBPAUD pair and if we take a short here then we can take profit at 1.9000 and TP 2 will be at Support 1.8600.
So, don't take a long position for now. So, be neutral or go short!! :)
