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gbpaud

Market Spotlight: GBPAUD Trend Resumption Trade
Market Spotlight: GBPAUD Trend Resumption Trade

GBPAUD Rejected At Key LevelGBPAUD price action is looking interesting for bears here. The decline from the break through the rising trend line over late 2021/early 2022 has seen the market breaking...

GBPAUD, H4 | Potential For Bounce!
GBPAUD, H4 | Potential For Bounce!

Type: Bullish BounceKey Levels:Resistance: 1.77358Pivot: 1.7173Support: 1.70163Preferred Case:Prices are at a pivot. We see the potential for bounce from our Pivot at 1.7173 which is an area of...

GBPAUD H4, Potential For Bounce!
GBPAUD H4, Potential For Bounce!

Type: Bullish BounceKey Levels:Resistance: 1.77547 Pivot: 1.74474Support: 1.7337Preferred Case:Prices are at a Pivot. We see the potential for a bounce from our Pivot at 1.74474 in line which is an...

FOMO Friday: GBPAUD Falls 500 Pips
FOMO Friday: GBPAUD Falls 500 Pips

GBPAUD SinksIt’s been another dramatic week for financial markets. As the Russian invasion of Ukraine continues and fighting intensifies, we’ve seen plenty of key moves across the board. In the FX...

GBPAUD, H4 | Bearish Continution
GBPAUD, H4 | Bearish Continution

Type: Bearish ReversalKey Levels:Resistance: 1.85595Pivot: 1.8496Support: 1.83994Preferred Case:Price broke out of the ascending trendline support, signifying a bearish momentum. We can expect price...

GBPAUD, H4 | Bullish Continuation
GBPAUD, H4 | Bullish Continuation

Type: Bullish RiseKey Levels:Resistance: 1.87588Pivot: 1.87013Support: 1.86572Preferred Case:Price is abiding to the ascending trendline support, signifying an overall bullish momentum. We can expect...

Market Spotlight: GBPAUD Approaching Second Target
Market Spotlight: GBPAUD Approaching Second Target

GBPAUD Continues OnThe recent GBPAUD breakout trade is now on course to hit the second target at 1.8739. Following the test of the initial target at 1.8578 we saw price consolidating briefly, while...

Market Spotlight: GBPAUD Hits First Target
Market Spotlight: GBPAUD Hits First Target

GBPAUD On The MoveThe breakout trade in GBPAUD has hit its first target at the 1.8578 level, where the channel top is offering additional resistance. Despite the moves lower in GBP today, GBPAUD is...

Market Spotlight: GBPAUD Breaking Out
Market Spotlight: GBPAUD Breaking Out

GBPAUD Turns HigherThe recent block of consolidation in GBPAUD is finally resolving now with price breaking out above the 1.8438 level. A solid string of data release from the UK this week (labour...