Trade Idea: Buy GBPAUD (Short-Term Push With Trend) **📈 Trade Idea: Buy GBPAUD (Short-Term Push With Trend)**
**Bias:** 🔼 Bullish (Short-Term & Medium-Term)
**Idea:** Uptrend’s still alive — this looks like a pause, not a reversal
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### **💡 Why Buy?**
**🇬🇧 GBP Holding Up:**
* UK data is soft, sure — but GBP isn’t breaking 💪
* Market already p
About British Pound / Australian Dollar
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
Related currencies
GBPAUD → Countertrend liquidity captureFX:GBPAUD is forming a countertrend correction within a global uptrend and testing the support level with W1-D1, forming a false breakdown...
Against the backdrop of the dollar's correction, GBP/XXX pairs are strengthening. On the weekly timeframe, GBPAUD is forming a retest of support at 1.06
GBPAUD INTRADAY Bullish breakout support at 2.0800Trend Overview:
The GBPAUD currency price remains in a bullish trend, characterised by higher highs and higher lows. The recent intraday price action is forming a continuation consolidation pattern, suggesting a potential pause before a renewed move higher.
Key Technical Levels:
Support: 2.0690 (p
GBP_AUD LONG FROM SUPPORT|
✅GBP_AUD will soon retest a key support level of 2.0700
So I think that the pair will make a rebound
And go up to retest the supply level above at 2.0800
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthl
THE PILLARS OF PRICE ACTION - This is what I look for!!!!All the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain dir
GBPAUD: Important Breakout 🇬🇧🇦🇺
GBPAUD successfully violated a significant daily horizontal
support cluster.
I think that the pair may drop lower after a pullback.
Next key support - 2.057
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I am part of Trade Nation's Influencer program and receive a monthly fee for using t
GBP/AUD 1H The pair is currently trading within a consolidation zone after forming a new higher low near the 2.07000 level. I’ve identified a liquidity trap and small resistance zone between 2.07850–2.08050, just below a larger resistance block at 2.08305, where price was previously rejected.
We have a clear
GBPAUD FORMING A DOWNTREND STRUCTUREGBPAUD FORMING A DOWNTREND STRUCTURE IN 4H TIMEFRAME.
Market recently enter into new downtrend by forming a lower low.
Market is rejecting the price near the previous high which in important resistance level.
Price may start forming another primary trend and may remain bearish in upcoming sessions.
GBPAUD - Expecting Bearish Continuation In The Short TermM15 - Bearish divergence followed by the most recent uptrend line breakout.
Clean bearish trend with the price creating series of lower highs, lower lows.
No opposite signs.
Expecting further continuation lower until the two Fibonacci resistance zones hold.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of GBPAUD is 2.09944 AUD — it has increased by 0.70% in the past 24 hours. See more of GBPAUD rate dynamics on the detailed chart.
The value of the GBPAUD pair is quoted as 1 GBP per x AUD. For example, if the pair is trading at 1.50, it means it takes 1.5 AUD to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPAUD has the volatility rating of 0.85%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPAUD showed a 0.35% rise over the past week, the month change is a 0.30% rise, and over the last year it has increased by 10.40%. Track live rate changes on the GBPAUD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPAUD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPAUD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPAUD technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPAUD shows the buy signal, and 1 month rating is buy. See more of GBPAUD technicals for a more comprehensive analysis.