GBP/AUD Analysis - H1 Prediction for 07/02/2025GBP/AUD Analysis - H1 Prediction for 07/02/2025
๐ Bearish Outlook with Potential Retest
๐น Current Price: 1.97669
๐น Key Resistance Levels:
1.98760 - 1.98859 (Supply Zone)
1.99746 - 1.99845 (Major Resistance & Liquidity)
๐น 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
๐น Trade Setup:
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Sell Zone: 1.98760 - 1.98859 (Look for rejection signals)
โ
Target: 1.96645
โ
Invalidation: Sustained breakout above 1.99845
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