GBP/AUD - 1H Analysis & Key Levels
📉 GBP/AUD - 1H Analysis & Key Levels
🔴 H1 Supply Zone: 1.98756
🟢 Demand Zones: 1.97504, 1.96644, 1.96077
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects 1.98756, we may see a retracement toward 1.97504 or deeper.
2️⃣ Break & Retest: A breakout above 1.98756 could signal further bullish continuation.
💡 Trading Plan:
✅ Watch for rejection at 1.98756 for potential short entries.
✅ Monitor 1.97504 - 1.96644 as possible buy zones on retracements.
✅ A confirmed break below 1.96077 could signal further downside toward 1.96000.
#FXFOREVER #GBPAUD #ForexTrading #SmartMoney #PriceAction #AUD
🔴 H1 Supply Zone: 1.98756
🟢 Demand Zones: 1.97504, 1.96644, 1.96077
📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects 1.98756, we may see a retracement toward 1.97504 or deeper.
2️⃣ Break & Retest: A breakout above 1.98756 could signal further bullish continuation.
💡 Trading Plan:
✅ Watch for rejection at 1.98756 for potential short entries.
✅ Monitor 1.97504 - 1.96644 as possible buy zones on retracements.
✅ A confirmed break below 1.96077 could signal further downside toward 1.96000.
#FXFOREVER #GBPAUD #ForexTrading #SmartMoney #PriceAction #AUD
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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.