GBPAUD trade ideas
GBPAUDjust look for the resistance once it gives a breakout then we can see a retest and then an upward momentum, for an entry just wait for a retest, or if it goes strong bullish buy at the dip. if the resistance does not give a break out short the position after a retest a confirmation.
Trade Analysis for GBPAUD Entry from 19-04-2021GBPAUD currency pair would show a retracement for short from 19-04-2021 and would further follow its down trade after its retracement. Please enter the market with a confirmation
💡Don't miss the great sell opportunity in GBPAUD
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.9672).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 1.7924
TP2= @ 0.9525
TP3= @ 1.7684
TP4= @ 1.7587
TP5= @ 1.7408
SL: Break Above R2
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great move aheadchart looks completely weak one can go short below 1.79900 with the stop 1.83000
target could be 1.79000,1.77516
GBPAUD - Raising wedge patternPrice moving in parallel inside a range for a long time. Just before the Pandemic it breaks the range trapped all the long positions and fell badly and took the same support.
One can clearly identify the raising wedge pattern in the above analysis. This pattern exactly ends at the resistance levels !!!
LONG on GBP/AUDGBP/AUD has completed its retracement and is going for the impulsive move. Ideal take profit will be around 0.718 of FIB EXTNSN.
GbpaudGbpaud having a great buy opportunity. It has break the trend and retested it it will reject the trend then go for long
gbpaud posible anlalisisit is foring an upper triangle posiblility of braking up and also as per 4hr chart analiss there is a poliblity of uptrend formation
GBPAUD Weekly analysis, Feb 15-19British pound against Australian dollar could be go lower on the price to reach either 1.77250 or 1.77 itself, because of AUD strength .
Analysis only for education purpose, kindly do your own analysis too
GBPAUD - Closer Look - 10-2-21Om Namah Shivay
The AUD could still make way for the weakness. The validations needs to be in place to confirm the move.
This is for educational purpose only. No trading suggestions provided.
Om Namah Shivay
GBPAUD - the Big picture - 10-2-21Om Namah Shivay
The AUD seems weaker and further weakness is being guessed in the chart.
This is for educational purpose only, no trading suggestions provided.
Om Namah Shivay
