GBPAUD 8-Hour Analysis: Anticipating a Bearish Correction

By Karnatrader
Updated
This GBPAUD 8-hour chart analysis highlights key liquidity levels and fair value gaps (FVG). The pair is currently showing signs of a potential bearish correction from the 1.93054 level. We anticipate a move down towards the FVG W zone around 1.91000-1.90500, with additional liquidity at the equal low (equ. low) around the 1.89000 zone, before a possible bullish recovery. Key levels and liquidity areas are marked for strategic trading decisions.
Order cancelled
Chart PatternsTechnical IndicatorsTrend Analysis
Karnatrader

Disclaimer