๐ GBP/AUD - 1H Analysis & Key Levels
๐ด H1 Supply Zone: 1.98756
๐ข Demand Zones: 1.97504, 1.96644, 1.96077
๐ Possible Scenarios:
1๏ธโฃ Bearish Rejection: If price rejects 1.98756, we may see a retracement toward 1.97504 or deeper.
2๏ธโฃ Break & Retest: A breakout above 1.98756 could signal further bullish continuation.
๐ก Trading Plan:
โ Watch for rejection at 1.98756 for potential short entries.
โ Monitor 1.97504 - 1.96644 as possible buy zones on retracements.
โ A confirmed break below 1.96077 could signal further downside toward 1.96000.
#FXFOREVER #GBPAUD #ForexTrading #SmartMoney #PriceAction #AUD
๐ด H1 Supply Zone: 1.98756
๐ข Demand Zones: 1.97504, 1.96644, 1.96077
๐ Possible Scenarios:
1๏ธโฃ Bearish Rejection: If price rejects 1.98756, we may see a retracement toward 1.97504 or deeper.
2๏ธโฃ Break & Retest: A breakout above 1.98756 could signal further bullish continuation.
๐ก Trading Plan:
โ Watch for rejection at 1.98756 for potential short entries.
โ Monitor 1.97504 - 1.96644 as possible buy zones on retracements.
โ 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.