GBPAUD Short From Resistance!
HI,Traders !
#GBPAUD went up sharply
Made a retest of the
Horizontal resistance level
Of 2.10010 from where we
Are already seeing a local
Bearish reaction so we
Are locally bearish biased
And we will be expecting
A local bearish correction !
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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.
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As long as the resistance holds, we will be looking for shorts on lower timeframes, tar
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gbpaud sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it acc
GBPAUD Technical Analysis! BUY!
My dear friends,
My technical analysis for GBPAUD is below:
The market is trading on 2.0742 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.0862
Recommended Stop Loss - 2.0677
About Used Indicators:
A p
GBPAUD sideways consolidation resistance at 2.1060The GBPAUD remains in a bullish trend, with recent price action showing signs of a corrective pullback within the broader uptrend.
Support Zone: 2.0880 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 2.0880 would confirm ongo
GBPAUD ENTRY CHARTOn this pair, we are anticipating for a SELL CONTINUATION, the intra-day time is BEARISH, but also we have strong BEARISH ENGULFING CANDLE on the daily close, the H1 is bearish, with a BB that is in confluence with the H4 SUPPLY, also we have additional confluence on this pair, So if this matches wi
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.
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