💡Chart Analysis of the GBP/AUD currency pair (4-hour timeframe). Liquidity Sweep: The price broke a previous high, indicating that pending sell orders above it are being targeted. Broken Structure: After the liquidity sweep, the price broke an important support level, confirming the beginning of a downtrend. MACD indicator shows divergence and weak buying momentum.
⛔️Not investment advice for educational purposes only.
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.
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.