Gbpaudtrade
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 WEEKLY FORECASTGBPAUD now in middle and moving towards resistance where it will meet downward trendline @1.81250- 1.81300
if the velocity is less it will move downwards .wait for retest and then GO SHORT....
it will move to mini support ..... @ 1.81000
if the velocity is more it can break trendline and move upwards and resistance will become support .wait for retest and then GO LONG....
it will move to new resistance area..
and Take profit 1 @ 1.83450-1.83500..
Take Profit 2 @ 1.85000
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!! :)
Buy GBPAUD : At the bottom of the channelGBPAUD has formed a rising channel pattern on a daily basis with the current prices trading at the bottom of the channel, creating a buying opportunity. The expected target for the trade is at 1.8200 which is the mean of the channel and the SL for the trade is at 1.78232.