GBP/AUD Analysis - H1 Prediction for 07/02/2025
GBP/AUD Analysis - H1 Prediction for 07/02/2025
📉 Bearish Outlook with Potential Retest
🔹 Current Price: 1.97669
🔹 Key Resistance Levels:
1.98760 - 1.98859 (Supply Zone)
1.99746 - 1.99845 (Major Resistance & Liquidity)
🔹 Market Outlook:
Price is consolidating near 1.97334 - 1.97516 support zone
A break below this level may target 1.96645
Retest of 1.98760 - 1.98859 possible before further downside
🔹 Trade Setup:
✅ Sell Zone: 1.98760 - 1.98859 (Look for rejection signals)
✅ Target: 1.96645
✅ Invalidation: Sustained breakout above 1.99845
#FXForever#GBPAUD #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
📉 Bearish Outlook with Potential Retest
🔹 Current Price: 1.97669
🔹 Key Resistance Levels:
1.98760 - 1.98859 (Supply Zone)
1.99746 - 1.99845 (Major Resistance & Liquidity)
🔹 Market Outlook:
Price is consolidating near 1.97334 - 1.97516 support zone
A break below this level may target 1.96645
Retest of 1.98760 - 1.98859 possible before further downside
🔹 Trade Setup:
✅ Sell Zone: 1.98760 - 1.98859 (Look for rejection signals)
✅ Target: 1.96645
✅ Invalidation: Sustained breakout above 1.99845
#FXForever#GBPAUD #ForexAnalysis #SmartMoneyConcepts #PriceAction #FVG #ForexTrader
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fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.