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Gbpaudsell

GBP/AUD: Bearish Momentum Takes Over Previously, I posted a bullish idea for GBP/AUD, but price action has since taken a sharp turn to the downside. Now, we’re adapting to the bearish momentum as the market reacts to the changing structure. 📉 Key Observations: Price rejected key resistance around 1.96458 and failed to sustain upward movement. A lower high has formed, signaling bearish intent and a shift in market direction. The focus is now on price heading lower toward the significant support zone at 1.94418. 🎯 Plan: Watching for bearish continuation with possible short opportunities below 1.95244. First target: 1.94418, a critical support level where price may stall or reverse. Stop-loss placement should account for recent resistance levels above 1.95743. 🧠 Psychology Tip: "Adaptability is key in trading." 📌 The market doesn't always align with your initial bias, but reacting to the structure and adjusting your strategy is what separates reactive traders from emotional ones. Stay objective and let the chart guide your decisions.
Short
by CurlyTrader_xo
GBPAUD I Waiting for break of daily range Welcome 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!
by BKTradingAcademy
Easy 3R - Union Jack vs. his superior cousin A fairly easy and straightforwarded trade: Just short the GBPAUD on rallies as the RBA will (very likely) still hike rates in 2024, where as the UK is done with rate hikes and will cut much faster than the market expects right now. UK: - CPI will fall faster than the BOE expects it right now. - Especially services inflation will has a big downside surprise risk -> BOE sees it at 6.9%, where as I see it more at 6.7 or 6.8% - UK Labour market will also weaken faster than the BOE expecs it, putting pressure away from wage inflation -> BOE sees no rate cuts in 2024, where as I see Q2 2024 as the perfect time for the BOE to start cutting rates
Short
by PrimeTrading
7
GBPAUD Bank Money Heist Plan on Bullish SideMy Dear Robbers / Money Makers & Newbies, This is our master plan to Heist GBP/AUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
GBPAUD shortsI believe that GBPAUD is due for sells today. Here is why; Ever since hitting the 2.0000 psychological level, we see that price has rejected the area with a lot of sell orders. There has been a lower low formed on the daily timeframe, which indicates price will go lower for the foreseeable future. Moreover, there is a lower low formed on the 4h timeframe which shows me that price will continue going lower. I am currently in a short trade. I am expecting price to collect orders at 1.9370, where I will sell again. My targets are 1.9300
Short
by kingmwenja
SELLING GBP/AUD from 1.9771Last Thursday's daily candle on GBP/USD (25th July) closed with a nice long tailed pinbar. Becuase of this and becuase the RSI on D1 closed at 83.42 , I've been keeping my on this pair in anticipation of a move south. The next 4 daily candles were all doji indecision candles and with the RSI moving to 79.45, then GBP/AUD looked ready for a move south. However. Its imperative that if you have a trade planned and you intend to hold the trade overnight then you MUST check for news. This morning at 02:00 UK time, the CPI numbers were released and though the CPI q/q and CPI y/y met target, the Trimmed Mean CPI missed coming in 0.8% against 1.0% expected. This was sufficient for the AUD to sell off aggresively and GBP/AUD was sent 151 pips higher. A look on the H4 time frame and you can see that the previous 2 H4 candles form a pincer/double op and the current H4 candle is BEARISH. This looks a good opportunity for SHORT trades. The ANdean Oscillator on H4 is rising from zero as the green BUY line crosses the signal line. These are BEARISH signs. RSI is declining. MACD has yet to catch up on H4 but on M30 the fast MA has crossed the slow MA and on H1 the 2 MA's are moving together and edging south. All the signs are that this pair is moving lower and with AUD/USD turning BULLISH then I think this trade has a good chance. Target is open but the band of support at 1.9620 area looks a potential target although tomorrow BOE Monetary Policy and MPC Bank Rate makes all technical analysis redundant.
Short
by forextraplaces