GBP/AUD - 1H Analysis & Prediction
📊 GBP/AUD - 1H Analysis & Prediction
🔹 Current Price: 2.04496
🔹 Key Support Zones: 2.03800 - 2.03400 (Highlighted in green)
🔹 Key Resistance: 2.05164 & 2.05905
🚀 Bullish Scenario:
✅ Price is forming higher highs and higher lows, indicating an uptrend.
✅ A break above 2.05164 could push GBP/AUD towards the 2.05905 target.
✅ If price pulls back, it may retest the minor support before continuing upwards.
⚠️ Bearish Scenario:
🔻 If price fails to break 2.05164, a rejection could send it back towards 2.03800.
🔻 A deeper correction would test the 2.03400 demand zone.
💡 Trading Plan:
✅ Look for buy opportunities if price forms bullish confirmation above 2.04500.
✅ A breakout above 2.05164 may indicate a strong bullish continuation.
✅ If price rejects 2.05164, watch for short-term sell setups.
#FXFOREVER #GBPAUD #SmartMoney #ForexTrading #LiquidityHunt #TradingSetup
🔹 Current Price: 2.04496
🔹 Key Support Zones: 2.03800 - 2.03400 (Highlighted in green)
🔹 Key Resistance: 2.05164 & 2.05905
🚀 Bullish Scenario:
✅ Price is forming higher highs and higher lows, indicating an uptrend.
✅ A break above 2.05164 could push GBP/AUD towards the 2.05905 target.
✅ If price pulls back, it may retest the minor support before continuing upwards.
⚠️ Bearish Scenario:
🔻 If price fails to break 2.05164, a rejection could send it back towards 2.03800.
🔻 A deeper correction would test the 2.03400 demand zone.
💡 Trading Plan:
✅ Look for buy opportunities if price forms bullish confirmation above 2.04500.
✅ A breakout above 2.05164 may indicate a strong bullish continuation.
✅ If price rejects 2.05164, watch for short-term sell setups.
#FXFOREVER #GBPAUD #SmartMoney #ForexTrading #LiquidityHunt #TradingSetup
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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.
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.