GBPAUD Forex cross-pair analysis and forecast

In this week’s supply and demand technical analysis, we will focus on GBPAUD Forex cross-pair using weekly supply and demand imbalances located with our supply and demand strategy. In the Set and Forget online trading academy, we plan Forex and Stock trades before the fact, way before they happen as you can see in this GBPAUD analysis.


GBPAUD Forex cross pair is in a clear uptrend with a very strong demand level created around 1.8243 in control. No short trades are allowed since a bigger timeframe technical analysis is telling us to go long, going short is suicidal. If you are trading lower timeframes, intraday o scalping you will probably see some losses in your trading account since a bigger timeframe demand level has gained control.

You can use this supply technical analysis to plan trades in smaller timeframes if you are an intraday trader. Going shorts on GBPAUD is not a wise idea right now. See below what we are expecting on GBPAUD weekly chart to happen, lot of room for this Forex cross pair to keep on rallying as it did from previous demand imbalances.

gbpaud forex cross-pair


This is the kind of analysis you will be able to find and learn about in our supply and demand trading community. See below a screenshot of this long setup called last 5th June, a few weeks ago. We do not show trades after they happen and play out. We plan them way in advance. Anyone can tell you where to buy or sell in hindsight, anyone!  See below the GBPCAD Forex post I am referring to.

But we can show you other supply and demand technical analyses uploaded in the trading community a couple of weeks earlier on 21st May 2019. See the screenshot below, we are expecting the price to retrace to weekly demand [1] where we want to go long. You can see in previous analyses mentioned above what is going on after the price reached the weekly demand level.

This is the kind of technical analysis you will learn in our trading community. You will learn how to trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.

A single timeframe is not enough to make an educated decision; your trading plan needs more than one timeframe to succeed. If you want to learn how to trade Forex using supply and demand imbalances, take a look at our Forex trading course.

Trading supply and demand imbalances are ideal for beginners and those with a full or half time job, you won’t need to stay in front of the computer all day long trying to move price action with your mind.

As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances in gaining control.

Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements.

You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for price to pullback or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.


Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Set and Forget, its employees, or fellow members. Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex and futures markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell spot Forex, cfd's, stocks or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.

Get Free Trade Ideas

Don’t miss out on the next big trade. Subscribe to our Newsletter.