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British Pound / Australian Dollar
Short

GBPAUD Set for a Bearish Move – HTF Daily OB Rejection

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The GBPAUD pair has recently respected a higher timeframe (HTF) daily bearish order block, signaling a potential move from internal liquidity to external liquidity. With price having reacted to the daily OB, we could now see a continuation of this bearish momentum, targeting sell-side liquidity on the weekly timeframe around the 1.91242 level. This setup presents a high-probability trade idea in line with market structure.
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Beyond Technical AnalysisFundamental AnalysisGBPAUDgbpaudshortictorderblockssellsetupTrend Analysis

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Beyond Technical AnalysisFundamental AnalysisGBPAUDgbpaudshortictorderblockssellsetupTrend Analysis
INSIDER_INTEL
Also on:

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.